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3 years ago

The M2 definition of the money supply includes

Business

1 answer:

svlad2 [7]3 years ago

7 0

Answer:

The correct answer is option A.

Explanation:

The M1 definition of money includes the currency notes and coins in circulation and demand deposits in bank. This is the most liquid and is termed as narrow definition of money.

The M2 definition includes all the components of M1 and along with that, savings accounts, time deposits and money market funds. This a less liquid supply of money.

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Navigator sells GPS trackers for $50 each. It expects sales of 5,000 units in quarter 1 and a 5% increase each subsequent quarte

dlinn [17]

Answer and Explanation:

The Preparation of the sales budget and the computation of the amount of total sales revenue for the year is shown below:-

Sales Budget For Year 1

Quarter Number of Sale price (B) Sales Revenue

Units (A) (A) × (B)

1 5,000 $50 $250,000

2 5,250 $50 $262,500

(5,000 × 105%)

3 5,513 $50 $275,650

(5,250 × 105%)

4 5,789 $50 $289,450

(5,513 × 105%)

Total $1,077,600

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3 years ago

You plan to buy a house in July 2019. The sale price is $350,000. You need to pay 20% down payments and borrow additional 80% fr

daser333 [38]

So your down payment would be 70,000 (which is 350,000 X .2)

So you would be financing 280,000

Using the payment function

PV= 280,000

R= .036/12

N = 15*12= 180

Your payment would be: 2,015.45

6 0

3 years ago

In the U.S. political arena, ______________________ may tend to emphasize the virtues of markets and the limitations of governme

fiasKO [112]

Answer:

The correct answer is letter "A": conservatives; liberals.

Explanation:

Two main approaches define how societies could achieve economic and political prosperity. Conservatives are in favor of little government intervention since individuals must be empowered to take responsibility for their own wellness. They are in favor of market economies -price driven by supply and demand.

Liberals, on the other hand, propose the government must intervene to ensure individuals have equal opportunities. Liberals prefer mixed economies which are mixtures of market economies and command economies -the government is the central planner.

8 0

3 years ago

If real GDP increased from $10 billion to $11 billion from the first quarter of 2016 to the first quarter of 2017, but had incre

Sphinxa [80]

Answer:

10%; 16%

Explanation:

Given that,

Real GDP in the first quarter of 2016 = $10 billion

Real GDP in the first quarter of 2017 = $11 billion

Increased from the fourth quarter of 2016 to the first quarter of 2017 = 4%

Growth rate from the first quarter of 2016 to first quarter of 2017:

= $\frac{GDP_{2017}-GDP_{2016} }{GDP_{2016}}\times 100$

= $\frac{11-10 }{10}}\times 100$

= 10%

Real GDP growth rate is as follows:

= 4% × 4

= 16%

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3 years ago

New Body, a gym, bought new exercise equipment on credit. The purchase price was $10,438.88. They secure the loan with a financi

LiRa [457]

Answer:

b. $524.94

Explanation:

We need to solve for the PTM of a 6 year annuity with quarterly payment discount for 6.25% compounding quarterly as well:

$PV \div \frac{1-(1+r)^{-time} }{rate} = PTM\\$

PV $10,438.8800

time 24 (6 years x 4 quarter per year)

rate 0.015625 8 ( 0.0625 / 4 )

The payment every quarter will be for:

$10438.88 \div \frac{1-(1+0.015625)^{-24} }{0.015625} = PTM\\$

PTM $ 524.942

4 0

3 years ago