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Leona [35]
3 years ago
12

Now suppose instead that Jane withdraws $550 from her checking account and uses $330 of this money to pay her federal income tax

. After that, she uses $140 to buy a set of used golf clubs from her neighbor who deposits it into his checking account. Finally, she deposits the remaining cash from the $550 withdrawal into her savings account. By what dollar amount does the country's money supply change as a result of Jane's actions?
a. Change in M1:$____b. Change in M2:$____
Business
1 answer:
babunello [35]3 years ago
7 0

Answer:

a .- 0

b.-  0

Explanation:

let's add up the combine effect of each transaction made by Jane:

550 withdrawals

+330 the IRS deposit the cash

+140 neighbor deposits

<u>+ 80</u> Jane Deposit*

   0

* deposit made by Jane:

550 - 330 aid taxes- 140 purchases used golf club = 80 deposits

As the money oes into different deposits amount the M1 and M2 is not change after this transactions

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A service contract for a video projection system costs $80 a year. You expect to use the system for six years. Instead of buying
andre [41]

The future value of the annual amounts after six years, earning an annual rate of return of 3% is $517.47

What is the future value of an ordinary annuity of $80 per year for six years earning a rate of 3% annually?

Note that the $80 that would have been paid for the video projection system would be invested at the end of each year, in other words, we would invest an equal amount every year for six years, hence, the future value formula of an ordinary annuity is the most appropriate to determine the value of the savings after six years

FV=annual savings*(1+r)^N-1/r

annual savings=$80

r=rate of return=3%

N=number of annual savings for 6 years=6

FV=$80*(1+3%)^6-1/3%

FV=$80*(1.03)^6-1/0.03

FV=$80*(1.194052296529-1)/0.03

FV=$80*0.194052296529/0.03

FV=$517.47

brainly.com/question/14761171

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7 0
2 years ago
Shelby purchased 100 shares of ABCD Growth fund for $10.00 per share. She had income dividends of $15, capital gain distribution
a_sh-v [17]

Answer:

Percentage of total return on Investment = <em>ROI = 17%  </em>

Explanation:

Let’s

ROI = Return on Investment = ?

D = Dividends = $15

CGD = Capital Gain Distributions = $35

CGS = Capital Gain on Sale = $120

SP = Shares Purchased = 100

CS = Cost per share = $10.00

ROI = (D + CGD + CGS) / (SP * CS)

ROI = ($15 + $35 + $120) / (100 * $10.00)

ROI = 170 / 1,000

ROI = 0.17  

Percentage: 0.170 x 100%

<em>ROI = 17%  </em>

8 0
3 years ago
Read 2 more answers
Kray Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of u
Rasek [7]

Answer:

Unit product cost= $67

Explanation:

Giving the following information:

Direct materials $30

Direct labor $23

Variable manufacturing overhead $14

<u>Under the variable costing method, the unit product cost is calculated using the direct material, direct labor, and variable manufacturing overhead:</u>

Unit product cost= 30 + 23 + 14= $67

5 0
3 years ago
If two smokers are living in a residence, how often should their carpets be cleaned during extremely cold weather?
drek231 [11]

Answer:

im not sure based off of research, but based off of experiance, either a or b.

Explanation:  there would be a lot of build-up after more than that.

i apologize if i am incorrect

8 0
3 years ago
Consider a market with two​ firms, Krispy Kreme Doughnuts​ (KK) and​ Dunkin' Donuts​ (DD), that produce donuts. Both firms must
Irina-Kira [14]

Answer:

D. Krispy Kreme and​ Dunkin' Donuts will both choose a price of ​$0.85.

Explanation:

DD - Dunkin' Donuts

KK - Krispy Kreme

If DD choose price to be $1.25, KK will choose price to be $0.85 because it gives them profit of $975 among $850 / $975

If DD choose price to be $0.85, KK will choose price to be $0.85 because it gives them profit of $650 among $250 / $650

Thus, KK have a dominant strategy to choose price = $0.85 no matter what DD choose.

If KK choose price to be $1.25, DD will choose price to be $0.85 because it gives them profit of $975 among $850 / $975

If KK choose price to be $0.85, DD will choose price to be $0.85 because it gives them profit of $650 among $250 / $650

Thus, DD have a dominant strategy to choose price = $0.85 no matter what KK choose.

Both firms have a dominant strategy of choosing price = $0.85 which creates a Nash equilibrium.

5 0
3 years ago
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