Answer:
$198,000
Explanation:
Here is the full question used in answering this question :
During the year, Fast/Wash Inc., has $310,000 in revenues, $105,000 in expenses, and $7,000 in dividend payments. Stockholders equity changed by
Change in stockholders equity = +310,000 - $105,000 - $7,000 = $198,000
Income increases stockholders equity while, dividend payments and expenses reduce stockholders equity.
Answer:
As of December 2019, the total amount of currency in the US economy was $1,700 billion, while total checkable deposits as of December 2019 was $2,300 billion.
Explanation:
Total M1 money supply in the US economy as of December 2019 was $4 trillion (as stated by the federal reserve)
M1 money supply includes checkable deposits, paper bills and coins (currency) and travelers' checks.
When interest rates on treasury bills and other financial assets are low, the opportunity cost of holding money is <u>low </u>so the quantity of money demanded will be <u>high</u>.
If interest rates go up, the demand for money will go down. Once it equals the new money supply, there will be no more difference between how much money people are holding and how much they want to keep, and the story is over. This is why (and how) a decline in the money supply raises interest rates.
As interest rates rise, the amount of money demanded decreases because the opportunity cost of holding money decreases. As interest rates rise, aggregate demand shifts to the left. The interest rate effect arises from the idea that higher price levels reduce the real value of household holdings.
Learn more about interest rates here: brainly.com/question/1115815
#SPJ4
The purpose of a business pitch is not to close a deal but to grab interest. It's kind of like a hook in an English paper.
