I would say that for most people, buying an apartment or a house would be the most major thing they could do that would affect their net worth. Initially it would be mostly a liability at first but as it appreciates, especially if it is in a big city where the population keeps growing then it most likely will appreciate and then the owner's assets will increase since their equity will increase.
Answer:
In forecasting accounts payable, one of the relevant questions is:
What is the cash conversion cycle?
Explanation:
The variables used in computing the cash conversion cycle include accounts receivable days, inventory turnover days, and accounts payable days. Specifically, cash conversion cycle (CCC) is the period in days that it takes the firm to convert cash into inventory, then into sales, and finally back into cash. To gain a good understanding of accounts payable, one should always consider the major inclusive metric.
The eco-nomy was in long-run equilibrium when aggre-gate demand increased. At this point in time, the expec-ted inflation has start-ed to adjust to the new high-er actual inflation rate. Accor-ding to the (Friedman) natural rate the-ory, this means the unemploy-ment rate in the economy must curr-ently be <u><em>below the natu-ral rate</em></u>.
Milton Friedman defi-ned the natural rate of unemploy-ment as the level of unemployment that result-ed from real economic forces, the long-run level of whi-ch could not be altered by monet-ary policy. Accor-ding to the general equili-brium model of economics, natural unemploy-ment is equal to the level of unemploy-ment of a labor mark-et at perfect equilibrium.
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Answer:
a). M1=$808 billion
b). M2=1,068 billion
Explanation:
M1 is the money supply that is the most liquid and is or can be easily converted into cash. The formula for calculating M1 is;
M1=C+D+T+S
where;
M1=money supply
C=currency held outside banks
D=checkable deposits
T=traveler's checks
S=small-denomination time deposits
In our case;
M1=unknown
C=$354 billion
D=$250 billion
T=$4 billion
S=$200 billion
replacing;
M1=(354+250+4+200)=$808 billion
M1=$808 billion
M2 includes elements of M1 and additional money supply that are near liquid. The formula is;
M2=M1+savings deposit+mutual funds
where;
M1=$808 billion
savings=$100 billion
retail money market mutual funds=$160
replacing;
M2=(808+100+160)=1,068 billion
M2=1,068 billion
The behavior of the United States to block China's chip research was to encourage its industries to develop theirs.
<h3>What led to U.S. decision?</h3>
Aftermath of the ban of United states platform in China has led to numerous backlashes from the U.S. authorities as well.
For instance, there have been strict restriction on imported goods from China into the United states.
Hence, the behavior of the United States to block China's chip research was to encourage its industries to develop theirs.
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