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Marina CMI [18]
3 years ago
7

M1 and M2 are two definitions of the money supply.

Business
1 answer:
Alex787 [66]3 years ago
5 0

Answer: Please refer to Explanation

Explanation:

M1 is the narrowest definition of money supply. It refers to the most liquid or instruments and includes actual currency as well as money in checking accounts.

M2 is the next type of of money. It includes EVERYTHING in M1 and then also includes savings deposits, time deposits, and money market funds.

Now,

Classifying the above will go as,

Gold - Neither M1 or M2

Traveler's check - M1 and M2

Balance in savings accounts - M2 only

Money market account balance - M2 only

Credit cards - Neither M1 or M2

Common stock - Neither M1 or M2

Certificates of deposit - M2 only

Currency - M1 and M2

Balance in Checking accounts - M1 and M2

It is worthy of note that there is no M1 only. This is because as stated in the definition, all M1s are in M2.

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An industry consists of three firms with sales of $310,000, $725,000, and $405,000.
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Answer:

A. 3,789

B. 100%

C.5,000

Explanation:

(a) Total market ($'000) = 310 + 725 + 405 = 1,440

Firm 1 share = 310 / 1,440 x 100 = 21.53%

Firm 2 share = 725 / 1,440 x 100 = 50.35%

Firm 3 share = 405 / 1,440 x 100 = 28.12%

HHI = (21.53)2 + (50.35)2 + (28.12)2 = 3,789

(b) Since there are only 3 firms in market, therefore the four-firms concentration ratio will be 100% b

(c) Total revenue share of the two firms = (310 + 405) / 1440 x 100 = 49.65%

Post-merger HHI = (49.65)2 + (50.35)2 = 5,000

Yes. If the guideline considers any post-merger HHI above 1800 as highly concentrated market, this merger will be probably attempt to block a horizontal merger between two firms with sales.

7 0
3 years ago
The proprietorship form of business organization Question 5 options: must have at least two owners in most states. generally rec
-Dominant- [34]

Answer:

generally receives favorable tax treatment relative to a corporation.

Explanation:

The sole proprietorship is the business organization in which the business is controlled by single person only. The business records would be separated with the owner personal records in this type of business also it would not be classified as a separate legal entity just like corporation

But in this it received the favorable tax treatment as compared with the corporation

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3 years ago
Anyone wants my number for 84 points
charle [14.2K]

Answer:

no

Explanation:

3 0
2 years ago
A consumer is consuming at a point on her budget line. Her income is $50 a week, and she purchases hamburgers and grilled cheese
Ivahew [28]

Answer:

Each grilled cheese costs $1.25

Explanation:

Giving the following information:

Her income is $50 a week. Hamburgers cost $4, and she consumes 10 of them. She consumes eight grilled cheese sandwiches.

To calculate the price of the grilled cheese sandwiches, we need to use the following equation:

Income= cost of hamburgers*number of units + cost of grilled cheese*number of units

50= 4*10 + x*8

10=8x

$1.25= x= grilled cheese

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3 years ago
Duerr Company makes a $69,000, 30-day, 10% cash loan to Ryan Company. The note and interest to be collected at maturity is: (Use
Dimas [21]

Answer:

the journal entry to record the loan:

E.g. January 1, 202x, loan made to Ryan Company

Dr Notes receivable 69,000

    Cr Cash 69,000

the journal entry to record the collection of the note:

E.g. January 31, 202x, note collected from Ryan Company

Dr Cash 69,575

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3 years ago
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