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Tpy6a [65]
3 years ago
15

Suppose that a small country currently has $4 million of currency in circulation, $6 million of checkable deposits, $200 million

of savings deposits, $40 million of small-denominated time deposits, and $30 million of money market mutual fund deposits From these numbers we see that this small country's Mi money supply is while its M2 money supply is
a. $250 million; $270 million
b. $210 million; $280 million
c. $10 million: $270 million
d. $10 million: $280 million
Business
1 answer:
Yanka [14]3 years ago
8 0

Answer:

Option (D) is correct.

Explanation:

M1 is the most liquid monetary aggregate.

M1 consists of:

M1 = Currency with the public + Demand deposits + Other deposits with the RBI

Therefore,

M1 = currency in circulation + checkable deposits

    = $4 + $6

    = $10

M2 is broader measure of money supply that includes the saving also.

M2 consists of:

M2 = M1 + Savings deposits + small-denominated time deposits + money market mutual fund deposits

     = $10 + $200 + $30 + $40

     = $280

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You receive $10,000 now for an investment that will give you cash flows of $1000 in one year, $2000 in two years, $3000 in three
Salsk061 [2.6K]

Answer:

$8648.76

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 = 1000

Cash flow in year 2 = 2000

Cash flow in year 3 = 3000

Cash flow in year 4 = 4000

I = 5%

PV = $8648.76

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

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3 years ago
Tillman Corporation uses a Job Order Costing system and has two production departments--Molding and Assembly. The company applie
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Answer:

C. $75,000

Explanation:

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Direct Labor                                  200000    800000  

Manuf. OH                                     600000     400000  

Manuf. OH to Direct Labor Ratio 300% 50%

                                                                       Molding  Assembly  Total

Materials                                                                                           25000

Direct Labor                                                      8000       12000    20000

Applied Manuf. OH [Direct labor * OH Rate]   24000     6000     30000

Total cost for Job 432                                                                      75000

8 0
3 years ago
Gilbert notices that his sausage is sliced into six pieces, whereas his brother's is sliced into nine pieces. he understands, ho
mrs_skeptik [129]

Gilbert’s understanding here showcases that his developmental stage, according to Jean Piaget, is at the concrete operational level.

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In the ______ phase of quality control, a process is broke into its fundamental pieces.
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Answer:

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Pl lumber stock is expected to return 22 percent in a booming economy, 15 percent in a normal economy, and lose 2 percent in a r
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Booming                22%                                    5%
Normal                  15%                                   92%
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The expected rate of return on this stock is solved by multiply each expected rate of return to its corresponding probability and getting the sum of all products.

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3 0
3 years ago
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