Answer:
c. I , III, and IV
Explanation:
M1 and M2 are amongst the ways of measuring money supply of an economy.
M1 basically includes physical currency and coins, demand deposits, traveler's checks, and other checkable deposits.
M2 is regarded as a broader classification than M1 since it includes assets that are highly liquid but are not cash.
M2 includes M1 plus savings deposits, money market deposits, certificate of deposits less than $100,000 and money market mutual fund balances which can be readily redeemed.
Unlike the types of financial assets defined as money that are included in money supply, credit card transactions create loans that the borrower must pay later and hence are excluded from M2.
Hence M2 will include $5,000 certificate of deposits, $ 1000 in traveler's checks and $ 500 in piggy bank i.e option (c)
Answer:
$4.44
Explanation:
P0 = $2.40 / 1.08+ $2.40 / 1.08 = $4. 44
Answer:
how much will she pay with a principal balance of $12,000, an interest rate of 5 percent, and a 60-month loan? Total amount 13.859. Interest 1.859 Principal 12.000
Explanation
Due Interest Principal Balance
12.000
year 1 2.772 600 2.172 9.828
year 2 2.772 491 2.280 7.548
year 3 2.772 377 2.394 5.154
year 4 2.772 258 2.514 2.640
year 5 2.772 132 2.640 0
13.859 1.859 12.000
Answer: Poland
Among the four countries, Iran, Malaysia, Poland and Turkey, Poland had the highest per capita GDP in 2013 and ranked 61st with $21,00 per capita GDP. Malaysia ranked 74th at $16,900. Turkey ranked 85th at $15,000 and Iran ranked 97th at $13,100.