Answer:
c. cash, checking account balances, and travelers' checks.
Explanation:
Money Supply is the concept that means the amount of the liquid financial products and total currency in the market or economy. It is regulated the macro-economically by the monetary policy. So, there are types of measures of money supply or stock:
-M0: narrowly, it means the hard currency in circulation
-MB: it equals M0+ the hard currency which are not technically in circulation and in bank reserves.
-M1: it is the most common one and equals M0 plus checking accounts plus travelers’ checks and other checkable deposits.
-M2: covers M1 and saving accounts and CDs.
-M3: it surrounds the larger deposits.
-MZM: finally, this indicates the money market deposits.
That’s why we could notice that M1 narrowly means the cash, checking account and travelers’ checks.
Answer:
It will lead to an increase in consumption of good X only if X is a normal good ( D )
Explanation:
If consumer has rational, monotonic and convex preference the decrease in price of good X will lead to an increase in consumption of good X only if X is a Normal good .
This is because the demand for Normal goods increases with increase in consumers income. therefore <em>a decrease in price will automatically lead to an increase in demand because of the increase in the purchasing power of the consumer's income.</em>
Answer:
$192,000 million
Explanation:
Calculation for how much revenue should Parmac recognize in the current year
First step is to find the percentage of completion using this formula
Percentage of completion=Cost incurred/Total expected cost
Let plug in the formula
Percentage of completion=$144 million/$360 million
Percentage of completion=0.4*100
Percentage of completion=40%
Last step is to find the revenue recognized using this formula
Revenue recognized=Total contract *Percentage of completion
Let plug in the formula
Revenue recognized=$480 million*40%
Revenue recognized=$192,000 million
Therefore the amount of revenue that Parmac should recognize in the current year will be $192,000 million
Answer: All of these are major sources of retirement income.
Explanation: A retirement income is a source earnings an individual gets even after they have retired from working. Retirement income can be of various formats. It can be a:
-Pension: A regular amount paid by a person's previous employer after they have retired from work.
- Annuity: These are payments made at regular intervals. It can either be paid to an individual or paid by an individual.
-Personal retirement plan: a worker can save up part of his income, to be released to him after he has stopped working at an advanced age.
Answer:
d large corporations will take over
Explanation:
As a result of globalization, Multinational corporations are expanding to many counties. The more they grow, the more influential they become. Multinationals are not limiting their activities to commerce. They are funding politicians, thereby influencing political decisions.
Some Multinational corporations practice of unfair work ethics. They subject employees to poor working conditions and low wages. The corporations exploit tax laws in some countries to evade taxation.
