Answer:
Step-by-step explanation:
a. Money held by individuals in savings accounts is part of the M2 money supply, but not part ofthe M1 money supply. Therefore, when Jane withdraws $500 cash from her savings account,the M1 money supply increases by $500. However, the M2 money supply does not changebecause the M1 money supply is included as part of the M2 money supply.b. Money held by banks and governments is not included as part of the money supply. Therefore,when Jane uses $300 to pay her income tax to the U.S. Treasury, that total of $300 is taken out ofboth the M1 and M2 money supplies. When Jane deposits the remaining cash ($80) into hersavings account, the M1 money supply is reduced by that amount, but it does not affect the M2money supply. Therefore, Jane's actions cause the M2 money supply to change by $300 (theamount used to pay her taxes) and the M1 money supply to change by $380 (the amount used topay her taxes plus the amount that was deposited into her savings account). Note that it does notmatter that Jane no longer has the $120 she used to pay for the gold clubs, as the funds remainsin someone else's checking account. So this amount is neither removed from the M1 moneysupply nor the M2 money supply.NumericResponseDifficulty: 03 HardLearning Objective: 1402 List anddescribe the components of the U.S.money supply.5000380300References
Answer:
1/4 or 0.25
Step-by-step explanation:
2/3*3/8=6/24=1/4
Answer:
The area of the 3d figure
Step-by-step explanation:
the area of the one of triangle is 8.7
and the reactangle is 5 x 7 = 35
and the big one is 10 x 7 = 70
so 8.7 + 8.7 + 35 + 35 + 70 = 157.4
Answer:
we are given with two terms: 20 k and 50. In this case, we are asked in the problem to factor the two terms forming the expression. The common factor of 20k and 50 is 10 because the two terms are divisible by it. The answer hence is 10*(2k +5)
Step-by-step explanation:
Answer:
Step-by-step explanation:
54 customers paid with cash
42 paid with debit card
153 paid with credit card
Add them up to find the total amount of people:
54 + 42 + 153 = 249
Now write 54(the number of customers who paid with cash) as a fraction over the total, 249.
54/249
So the probability that customers will pay cash is 54/249 or 18/83
