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
Anon25 [30]
3 years ago
5

If Jane Brown closes her account at the First National Bank and uses the money instead to open a money market mutual fund​ accou

nt, what happens to​ M1? Why?
Business
1 answer:
dybincka [34]3 years ago
6 0

Answer: M1 doesn't change.

Explanation:

M1 consists of:

M1 = Currency with the public + Checking account + other deposits with the RBI

Money market mutual fund account is a component of monetary aggregates (M1). Therefore, M1 does not change because the funds that are going towards money market mutual funds are firstly deposited in the mutual funds bank account.

You might be interested in
Make-or-buy decisions are ones that concern the procurement of raw materials for the manufacturing process.
Nesterboy [21]
The answer to this question is false
8 0
3 years ago
Opal deducted $2,560 of state income taxes on her tax return last year. this year she received a state income tax refund of $330
bazaltina [42]
 negative 45 to become what she wants to 
bra have a good day ill respond later


3 0
3 years ago
On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $24.50 per share. On March 1, a dividend of
Naddik [55]

Answer:

$2,435

Explanation:

Data provided in the question:

Number of shares sold = 100

Price of Lowe's stock  = $24.50 per share

Dividend paid = $3.20

Price of buying stock = $20.00 per share

Commission paid = 15 cents per share = $0.15 per share

Now,

Total cost of selling the shares = $24.50 × 100

= $2,450

Total commission = $0.15 × 100

= $15

Therefore,

Proceeds from the short sale = $2,450 - $15

= $2,435

8 0
3 years ago
Apply What You’ve Learned - Managing Credit Cards and ConsumerLoans
timama [110]

Answer:

1) In general, is it a good idea to make only minimum payments on your credit cards?

  • No, the small payment requirement is mathematically guaranteed to keep you in debt for many years.

All you have to do is analyze the interest rates charged by the credit card companies and it is really difficult for any investment to match those interest rates.

2) Assuming you have $1,500 in your budget this month with which to pay down your credit cards, how much should you pay on each card?

I would start with the cards that charge the highest interest rates. I would pay the full balance of the department store card and the gasoline card = $600 + $300 = $900

Since I have $600 left, I would then pay the minimum payments for the cards that charge the least interest rates. I would pay $40 to Discover card and $60 to VISA.

The remaining $500 would be used to pay MasterCard 1 card and lower its balance.

4 0
3 years ago
Lauren went to see a therapist, and during their first session they established clear goals coupled with assignments to be done
frozen [14]
Lauren's therapist was using Cognitive Behavioural Therapy [CBT]. CBT refers to a short term, goal oriented psychotherapy treatment that uses practical approach for problem solving. The principal goal for using this technique is to change the behavior or the mentality that is responsible for the patient problem.
7 0
3 years ago
Other questions:
  • DeLong Corporation was organized on January 1, 2017. It is authorized to issue 10,000 shares of 8%, $100 par value preferred sto
    9·1 answer
  • Stock Y has a beta of 1.59 and an expected return of 25%. Stock Z has a beta of 0.44 and an expected return of 12%. If the risk
    7·1 answer
  • Sony, a firm once synonymous with portable music, has ceded its market dominance to Apple because:
    10·1 answer
  • 1. In the study of communication, noise is best defined as _
    15·2 answers
  • Which of these assumptions is often realistic for a firm in the short run? a. The firm can vary both the size of its factory and
    10·1 answer
  • Use the following information for the Exercises below. [The following information applies to the questions displayed below.] Har
    11·1 answer
  • Given question three, what is the equilibrium quantity​
    8·1 answer
  • We are twins me and streoberrie
    12·1 answer
  • A cost that would be included in product costs under both absorption costing and variable costing is:____.
    13·1 answer
  • A building rents for $5 per square foot, and there is an index of 1.5. the following year the index climbs to 1.8. the rent is t
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!