1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pochemuha
3 years ago
6

If Joe transfers $1,000 from his savings account to his checking account and assuming that banks cannot lend this money, then:a.

M1 will remain the same. b. M2 will increase by $1,000. c. M1 will increase by $1,000. d. M1 will increase by $1,000, and M2 will decrease by $1,000.
Business
1 answer:
hoa [83]3 years ago
7 0

Answer:

C

Explanation:

Mi money are highly liquid financial assets like checking account , cash and traveler's check while the M2 money are not as liquid when compared to M1, Example  is , in addition to M1, savings , money market fund and certificates of deposit.

This means that whatever that impacts M1 will also impact M2.

Therefore , the transfer of $1000 for savings account will increase M1 by $1000.

You might be interested in
I will give you brainliest!!!<br><br> if you do this Go on YT Helen Herrera with 56 subs! Sub now :)
-BARSIC- [3]
I just subscribed to the channel
6 0
3 years ago
Pls helppp...
Aloiza [94]

Answer:

32 700

Explanation:

that is the answer 32 700

8 0
2 years ago
Given a normal market demand curve for unleaded gasoline, if the price of shipping a gallon of gasoline rises from $.50 per gall
Bingel [31]

Answer:

d. decrease in quantity demanded of unleaded gasoline.

Explanation:

Since the shipping cost of a gallon of gasoline is increased from $0.50 per gallon to $0.75 per gallon that reflect the increase in price

As the price is increased, the quantity demanded of unleaded gasoline is decreases as the shipping cost increases which affect the other factors

So, at one time the price increases with the decreases in the quantity demanded

6 0
3 years ago
If a customer buys $10,000 worth of stock in a cash account, then sells the shares for $12,000 without first paying for the buy
katovenus [111]

Answer:

B) II and III.

Explanation:

Based on the information given the statement that are TRUE are II and III

II. The amount of $2,000($10,000-$12,000) which is the profit for the business will be given to the customer but the customer account will have to be frozen or put on hold for 90 days because the customer had not paid for the buy side before selling the shares for the amount of $12,000

III. In a situation where customer paid the amount for the buy side in full either before or after the fifth business day which is the day that follows the trading date, the customer account that had be frozen will be unfrozen or lifted because the buy side amount had be paid in full.

3 0
4 years ago
Oriole Company will receive $43000 today (January 1, 2020), and also on each January 1st for the next five years (2021 – 2025).
raketka [301]

Answer:

PV of the six year annuity =  $201,923.57  

Explanation:

<em>This is an example of an advanced annuity. A series of constant amount receivable for certain number of years with first one occurring immediately.</em>

Present Value of the annuity for the next five years=

A×  1- (1+r)^(-n)/r

A- annual cash flow, n- number of period, r-interest rate per period

A- 43,000, r- 11%, n- 5

=43,000× (1- 1.11^(-5))/0.11

=158,923.57

The first cash flow of 43,000 occurs immediately , hence it is already discounted. Hence the PV of the total cash flows would be the sum of the PV of the next five year cash flows and the one received now.

Hence,

PV = 158,923.57  + 43,000= 201,923.57  

PV of the six year annuity =  $201,923.57  

7 0
4 years ago
Other questions:
  • Zeke purchased a life insurance policy 4 years ago. he inadvertently stated that he was 3 years younger than his actual age. if
    13·1 answer
  • Compute the marginal - revenue product fraction numerator d r over denominator d n end fraction (in dollars per employee)for a m
    10·1 answer
  • At the end of the year, Brinkley Incorporated’s balance of Allowance for Uncollectible Accounts is $3,500 (credit) before adjust
    13·1 answer
  • "Nanci purchases all of the assets of Michael's Security Service for $200,000. The assets are as follows: Asset Adjusted Basis F
    8·1 answer
  • People working within _________ may be responsible for a variety of tasks, including conducting risk assessments, implementing s
    14·2 answers
  • The GATT Uruguay Round negotiations led to groundbreaking changes in the following areas, with the exception of which one?
    13·1 answer
  • Dwyer Company reported the following results for the year ended December 31, 2007, its first year of operations: 2007 Income (pe
    9·1 answer
  • 1.
    14·1 answer
  • How do unions help workers?
    14·2 answers
  • Using the allowance method, Bad Debt Expense is recorded _____.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!