B.) because co pay is insuance pays part and you pay the other
Answer:
M1
Explanation:
In economics, the term M1 refers to very liquid money supply (money that is easy to get to) that includes the following:
- physical currency (coins and paper money)
- demand deposits,
- traveler's checks,
- other checkable deposits.
On the other, hand, M2 is less liquid money supply and it includes M1 plus:
- savings and time deposits,
- certificates of deposits,
- money market funds.
In general terms, the main difference between these two is how easy is to get access to them, M1 is more accessible (more liquid) than M2.
The question asks us about the <u>money supply that includes coins, paper money, traveler's checks, conventional checking accounts and checkable deposits. </u>We can see that all these refers to the most easily accessed money supply and thus <u>this is the definition of M1</u>
A ledger is used for the calculations of payment and balancing the accounts records.
<h3>What is a ledger?</h3>
A ledger is a account or a book that is used to record the bookkeeping entries for the balance-sheet and income-statement transactions.
Through the ledger account, a ledger balance is calculated by the bank at the end of each business day that may includes all the withdrawals done and deposits made for computing total money available in the bank account.
The ledger contains the information like assets, liabilities, expenses, revenue etc.
Learn more about the ledger here:-
brainly.com/question/14976010
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Answer:
An example of cooperative federalism is the federal government giving tax revenue to the states in order to fund interstate highways; the states are allowed to govern the construction and maintenance process in accordance with goals set by the national government.