If the public withdraws $50 million from checkable deposits and hold it in cash, what is the impact on money base

Areas that once had vast economic growth and large amounts of industry, but are now suffering from the effects of outsourcing ar

Irina-Kira [14]

Answer:

de-industrialization

Explanation:

Deindustrialization refers to the phase of social and economic event caused by the elimination or decrease of industrial base or operation in a region or country, in particular of manufacturing industries or mining. It's the reverse of being industrialised.

It is the opposite of industrialization. Deindustrialization usually happens as it is no longer profitable for a specific industrial activity. It's a phase in which industrial development is eliminated or decreased in a country or area due to a major social or economic transition.

7 0

3 years ago

The balance sheet for the partnership of Nina, Pinta, and Santa Maria at January 1, 2017 follows. The partners share profits and

ANTONII [103]

Answer:

$115,714

Explanation:

If the partnership's assets were $540,000, and if we assume that there are no liabilities, then:

Nina's capital account should have been 3/10 x $540,000 = $162,000

Pinta's capital account should have been 2/10 x $540,000 = $108,000

Santa Maria's capital account should have been 5/10 x $540,000 = $270,000

If they decided to pay Nina only $135,000 for her partnership stake, then the remaining partnership's assets were $405,000. This means that the partnership's capital account should be divided as follows:

Pinta's capital account should have been 2/7 x $405,000 = $115,714

Santa Maria's capital account should have been 5/7 x $405,000 = $289,286

3 0

2 years ago

The Van Horns deposit funds with ABC Escrow as a requirement for the purchase of their new home. Who is the grantee and the thir

Gwar [14]

Answer:

This is an escrow transaction. An escrow is an arrangement where a third party (ABC Escrow) holds funds for a given transaction between other two parties.

The Van Horns are the grantees in this transaction.

The escrow is responsible for the safe keeping of the funds, in order to avoid any type of loss or fraud.

5 0

3 years ago

Marsha is single, had gross income of $50,000, and incurred the following expenses: Charitable contribution - $2,000 Taxes and i

Contact [7]

Answer:

Adjusted gross income = $51000

Explanation:

given data

gross income = $50,000

Charitable contribution = $2,000

Taxes and interest = $7,000

Legal fees = $1,000

Medical expenses = $3,000

Penalty = $250

to find out

Adjusted gross income AGI

solution

we get here Adjusted gross income AGI is express as

Adjusted gross income = gross income + Taxes and interest - Charitable contribution - Legal fees - Medical expenses ............................1

put here value we get

Adjusted gross income = $50,000 + $7,000 - $2,000 - $1,000 - $3,000

Adjusted gross income = $51000

6 0

3 years ago

What is the process of applying safeguards to avoid a negative impact? risk mitigation risk transfer risk analysis risk avoidanc

natima [27]

Answer: risk avoidance

Explanation:

Risk avoidance is simply defined as the process by which safeguards are applied in order to avoid a negative impact. It should be noted that a risk avoidance strategy helps to eliminate all risk and organizations apply safeguards to both potential threats and vulnerabilities.

Risk avoidance helps to remove hazards, and the activities that'll have a negative impact on the business.

6 0

3 years ago