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
Are the Hopkins eligible to claim the earned income credit?
inn [45]

Answer:

yes

Explanation:

8 0
3 years ago
It is important when you first start using social media to create a trial because?
Scrat [10]
The correct option is D.
When one is about to start using a particular social media, it is needful that one first creates a trial for some important reasons. Firstly, creating a trial gives one the opportunity to become familiar with the program, so that one will know what using the media entails. Creating a trial also gives one the opportunity to decide whether the social media is fit for one's needs or not. During this period, one will surely make some mistakes, but their impacts will be minimized because one is just trying out the social media.
4 0
3 years ago
What is meant by centralised direction
Alla [95]

Centralized direction explain why we often overestimate how well we can predict future actions of others.


I hope that's help:0

5 0
2 years ago
Let’s assume a required reserve ratio of 10 percent.
Furkat [3]

Answer:

The answer is 72.9 dollars.

Explanation:

The reserve ratio of 10% means that bank must keep 10% percent of amount deposited in bank to meet emergency payments and can lend the remaining 90% to other banks. So the second bank can lend 81 dollars that is 90% of 81 dollars. As per this rule second bank has 72.9 dollars (90% of 81) to lend.

5 0
3 years ago
In an inventory control system, the annual demand is 12,000 units, the ordering cost is GHS 30 per order and the inventory holdi
Fittoniya [83]

Answer:

Total cost per year = $1,801,860

Explanation:

Given:

Annual demand = 12,000 units

Ordering cost = $30 per order

Inventory holding cost = $3 per year

Order quantity = 1000 units

Cost per unit of the item = $150

Find:

Total cost per year

Computation:

Total cost per year = Purchase cost + Order cost + Inventory holding cost

Total cost per year = [12,000 x 150] + [12,000/1000 x 30] + [1,000/2 x 3]

Total cost per year = 1,800,000 + 360 + 1500

Total cost per year = $1,801,860

5 0
2 years ago
Other questions:
  • Discuss the actions taken by the read_item and write_item operations on a database.
    13·1 answer
  • Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the u
    5·1 answer
  • 6) For the monopolist, marginal revenue is always less than the price of the good.7. The monopolist chooses the quantity of outp
    9·1 answer
  • PB13.
    6·1 answer
  • Managers who establish effective goals can enhance the performance of their employees and of their company. The manager in the s
    15·1 answer
  • involves allocating the overall cost estimate to individual work items to establish a baseline for measuring performance. a. Con
    15·1 answer
  • A company's flexible budget for the range of 35,000 units to 45,000 units of production showed variable overhead costs of $2 per
    14·1 answer
  • Brent Bishop is the vice president of operations for Southern Sweets Bakery. He drives a 2017 Toyota Prius Prime as his company
    10·1 answer
  • What is best state foe real estate
    10·1 answer
  • 3. A 9.3% annual coupon bond with a 10-year maturity and a $1,000 par value has a yield to maturity of 8%. Assuming that the yie
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!