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bogdanovich [222]
3 years ago
10

Traveler's checks have no reserve requirements and are included in M1. When people travel during the summer and convert some of

their checking account deposits into traveler's checks, explain what happens to the monetary base?
Business
1 answer:
Rama09 [41]3 years ago
4 0

Answer:

Explanation:

When this scenario takes place within the economy the main consequence is that there is a shift from one component of the money supply such as checkable deposits with less multiple expansion to another money supply such as traveler's checks. This therefore causes the money supply with multiple expansions to increase.

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The Nelson Company has $1,312,500 in current assets and $525,000 in current liabilities. Its initial inventory level is $380,000
Sedbober [7]

Answer:

company can value of $190909.1

Explanation:

Given data:

current assets = $1,312,500

current liabilities =  $525,000

initial inventory level is $380,000

current ratio = 2.2

current liabilities is calculated as = \frac{Current/ Assets}{current/ ratio}

plugging all value  in above relation

current liabilities= \frac{1312500}{2.2}

current liabilities = $ 596590.90

and we know  current liabilities is  $525,000. Thus company can value of $190909.1

8 0
3 years ago
If a worker earns $50 per hour in salary but the project is charged $75 per hour for each hour the individual works, then the ov
vredina [299]
Overhead rate is calculated by dividing the overhead cost by the direct cost over a similar period of measurement. In our case, the basis is per hour. The overhead cost is the rough estimate of the cost made through the proper reference to the historical data for old establishments and projections for the new ones. This can be expressed as,
    overhead rate = (overhead cost / direct cost) x 100%

Substituting the known values,
   overhead rate = ($75 / $50) x 100%
   overhead rate = 150%

<em>ANSWER: overhead rate = 150% </em>
5 0
3 years ago
Read 3 more answers
As people have become more healthminusconscious and decided to eat food that is better for them_________
vitfil [10]
As people have become more health-conscious and decided to eat food that is better for them the demand curve for oranges and apples has shifted to the right.
4 0
3 years ago
Stewart wants to invest some money that he just inherited. He found that his bank offers a savings account paying a guaranteed 3
Likurg_2 [28]

Answer:

Stewart will probably have to accept a higher level of risk .

Explanation:

Hence, a large-risk investment is one in which the risks of failure, or of losing some or all of the asset, are greater than the average.

  • These opportunities often offer investors the ability for greater returns in exchange for embracing the degree of risk associated with that.
  • In saving account he gets 3% rate of return but also gets a lower rate of risk and does not earn much.

If he invests his money in higher-risk fields like shares, he may get a higher profit.

3 0
3 years ago
The complete portfolio refers to the investment in _________.
____ [38]

Answer:

In finance speak, a portfolio refers to a collection of investments or financial assets held by an individual, investment company, financial institution or hedge fund. This grouping of financial assets can include everything from gold and property to stocks, bonds and cash equivalents.

Explanation:

Hope this helps :)

4 0
2 years ago
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