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3 years ago

Are outstanding credit card balances counted as part of the money supply?

1 answer:

3 0

Credit card balances are not counted as part of the money supply, because credit card balances reflect funds that have been borrowed. Unlike money, they cannot be used as a means of payment. The M1 supply contains coins, paper currency, demand deposits, other checkable deposits, and traveler's checks. So, outstanding balances on credit cards is not a component of the M1 money supply.

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You are considering a project which will provide annual cash inflows of $4,500, $5,700, and $8,000 at the end of each year for t

liraira [26]

Answer:

Total PV= $15,103.49

Explanation:

Giving the following information:

Cf1= 4,500

Cf2= 5,700

Cf3= 8,000

Discount rate= 9%

To calculate the present value, we need to use the following formula on each cash flow:

PV= FV/(1+i)^n

Cf1= 4,500/(1.09)= $4,128.44

Cf2= 5,700/1.09^2= $4,797.58

Cf3= 8,000/1.09^3= $6,177.47

Total PV= $15,103.49

3 0

3 years ago

Suppose the production of solar powered lawn mowers is characterized by the production function Q = LE, where Q represents the n

RoseWind [281]

Answer:

110 labor and 1100 energy

Cost of 2,200 dollars

Explanation:

Q = L x E

Cost = 10 L + E

We use Excel solver tool to get this

A B C

1 Labor Energy

2 Quantity 110 1100

3 Cost 10 1

4 output 121,000 (B2 * C2)

5 cost 2,200 (B2*B3 + C2*C3)

we want to minimize B5 (cost)

changing the quantities (b2:c2)

with the constrain that output b4= 121,000

7 0

4 years ago

Suppose the first bill is passed, raising the probability of catching any given terrorist from 10% to 20%. however, this isn't e

Gennadij [26K]

The correct answer is 40 million additional visitors per year.

Suppose the first bill is passed, raising the probability of catching any given terrorist from 10% to 20%. However, this isn't enough for some. One representative introduces a bill that would increase security by an additional 10 percentage points, from 20% to 30%. Again, assume these measures do not change the position of the blue curve.

The opportunity cost of this additional measure is 40 million additional visitors per year.

3 0

3 years ago

Currency conversion is a challenge in global database development, although some software is available for this task. true or fa

Leona [35]

The answer is "true".

Outlining and executing a global database is a technical challenge, chiefly due to the diverse character sets required for the names of individuals and places and the distinctive configurations required for telephone numbers and postal codes. Currency conversion is additionally a test in database advancement, albeit some product is benefit capable for this undertaking. For instance, SAP (initially called Systems Applications and Products in Data Processing) offers important highlights and capacities for GISs.

8 0

3 years ago

A company uses a process cost accounting system. Its Sewing Department's beginning inventory consisted of 50,000 units (1/4 comp

Vesnalui [34]

Answer:

E. 160,000; 167,500

Explanation:

$started \: and \: completed \\ + unfinished \: beginning\\ + ending$

Direct Materials

Started and complete 120,000

We also need to add the ending WIP which count entirely because the materials are added completely.

The beginning WIP has materials added completely already. It required no extra work.

120,000 +40,000 =160,000

Conversion

Started and complete 120,000

ending WIP 40,000 x 1/4 = 10,000

beginning WIP 50,000 X3/4 = 37,500

total 167,500

we add the ending WIP

and the unfinished beginning WIP

it has 1/4 completed so 3/4 are unfinished

4 0

3 years ago