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
lisov135 [29]
3 years ago
13

If Veronica withdraws​ $1,500 from her savings account and deposits it in her checking​ account, then M1 will​ ________ and M2 w

ill​ ________.
Business
1 answer:
katrin [286]3 years ago
7 0

Answer: Increase and Unchanged

Explanation:

Given that,

Veronica withdraws = $1,500  from her savings account

then deposit this amount into her checking account.

M1 contains:

M1 = currency with public + checkable deposits + other deposits with RBI

M2 Contains:

M2 = M1 + post office savings account

Veronica withdraws $1,500 from savings account, so M2 decreases by $1500. Then, she deposited this amount into her checking account as a result M1 increases by $1,500 and M1 is a component of M2, so M2 also increases by $1500.

The conclusion of this transaction is that M1 increases by $1500 and there is no change in M2.

You might be interested in
In 2020, Theo, a single taxpayer, operates a sole proprietorship in which he materially participates. His proprietorship generat
tekilochka [14]
FIEJFIE GIEDEIJF EKEE DE E FIR FIE FID FIE DIW AODNF F
4 0
3 years ago
Which of the following people is functioning as a producer?
Natalija [7]

Answer:

D. Simon, who is baking a cake that will be sold in a bakery

Explanation:

Simon is the producer here because he is producing a product to sell on the market.

3 0
3 years ago
What are the effects of business on environment? List them. ​
Furkat [3]

Answer:

The four main environmental issues that are most likely to influence the activities of a business are climate change, pollution, sustainability and waste reduction.

Explanation:

4 0
2 years ago
The initial assessment of feasibility is made in theâ ________ phase of the systems development life cycle.
NARA [144]
A or d hope this helps
8 0
3 years ago
Dupli-pro copy shop provides photocopying service. next year, dupli-pro estimates it will copy 2,800,000 pages at a price of $0.
Paha777 [63]

Dupli-Pro Copy Shop provides photocopying service. Next year, Dupli-Pro estimates it will copy 2,800,000 pages at a price of $0.08 each in the coming year. Product costs include: Direct Materials, Direct Labor, Variable Overhead and Total Fixed Overhead.

How are additional product costs specified?

Product costs are often referred to as "inventory costs" or "manufacturing costs." Permanent costs: - Selling and administrative costs. These costs are reflected in the income statement as incurred.

Is the product costs advertised?

Sales commissions, administration fees, advertising and marketing, and office space rentals are all recurring fees. These charges are not covered as part of the cost of purchased or synthetic items, but are recognized as charges in the profit and loss account for the period in which they are incurred.

Is the rental the product costs?

When a manufacturer leases its manufacturing equipment and systems, the lease is the product costs (rather than the price of length). In other words, the rent is protected against the manufacturing overheads assigned to the manufactured product.

Learn more about product cost here:- brainly.com/question/24494976

#SPJ4

4 0
1 year ago
Other questions:
  • The aggregate demand curve slopes downward indicating that
    13·1 answer
  • The team is struggling to agree on the Story point sizing of a new User Story. The Product Owner was previously a related domain
    5·1 answer
  • Which of the following is NOT a capital component when calculating the weighted average cost of capital (WACC) for use in capita
    12·1 answer
  • Smiley Corporation sold equipment costing with of accumulated depreciation for cash. Which of the following journal entries shou
    15·1 answer
  • Franklin Aerospace has a quick ratio of 2.00x, $36,225 in cash, $20,125 in accounts receivable, some inventory, total current as
    15·1 answer
  • Cassie's Quilts alters, reconstructs, and restores heirloom quilts. Cassie has just spent $800 purchasing, cleaning, and reconst
    8·1 answer
  • . Empirical estimates suggest the following price elasticity of demand: 0.6 for Coca Cola; 4.0 for foreign vacation travel; and
    13·1 answer
  • An example of a discretionary fixed cost would be: Group of answer choices Taxes on the factory. Depreciation on manufacturing e
    12·1 answer
  • before creating a social media advertising campaign, sarah embeds quantitative and qualitative metrics at the onset of her strat
    9·1 answer
  • What are some tips for self-employed people to get one month ahead how to budget irregular income
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!