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
On the _________________________date, the dividend to be paid is recorded as a _______________________, and retained earnings ar
umka21 [38]

Answer: The answers are DECLARATION; LIABILITY; REDUCED; HOLDER-OF-RECORD DATE

Explanation: Dividend is a sum of money aid regularly by a company to its owners. A Stockholder listed as an owner on the holder-of- record date is entitled to dividend when declared.

When a dividend is declared, it is stated as a liability as it becomes a debt to the organisation. This dividend payable is taken from the retained earnings of the organisation.

7 0
2 years ago
If the exchange rate for Mexican pesos has changed from 10 pesos to 9 pesos per dollar, _____.
cestrela7 [59]
When the exchange rate for the Mexican peso changes from 10 pesos to the U.S dollar to 9 pesos to the U.S. dollar, then the Mexican peso has appreciated and the U.S. dollar has depreciated.

When a currency appreciates<span>, it means it has increased in value relative to any other currency; </span>depreciate means<span> it has been weakened or fell in value relative to any other currency.</span>
5 0
3 years ago
Read 2 more answers
Colaw Co. pays all salaried employees on a biweekly basis. Overtime pay, however, is paid in the next biweekly period. Colaw acc
fgiga [73]

Answer:

salaries expense   81,000  debit

    salaries payable               81,000 credit

Explanation:

the recurrring salaries for a biwweekly salaries is 270,000

In two weaks assuming five-day work week, there is 10 days.

so we divide to get the expected wages per day the recurring salaries by the amount of days of that period:

270,000 / 10 = 27,000 per day

Then, we multiply by the 3 days from the current period:

27,000 x 3 = <u>81,000</u>

this will be the accrued expenses for the period

5 0
2 years ago
Innovation activities are often aimed at making a discovery or commercializing a technology ahead of competition. What are some
Ira Lisetskai [31]

Answer:

lack of consumer safety

Explanation:

One of the biggest unethical practices that occur during the innovation process is lack of consumer safety. The entire idea of the innovation process is to try and create something truly functional that has not been done before and release it way before any competitor can create a similar product. In this rush to create the product, producers completely ignore many obvious faults that the product may have and/or any dangers it may pose to the consumer as long as the product works as intended.

7 0
2 years ago
The goal of _____ is to make it convenient for consumers to find and purchase products at many locations and in many ways.
stepan [7]
The answer is C. intensive distribution. 
The goal of Intensive distribution is to make it convenient for consumer to find and purchase products at many locations and in many ways. This kind of distribution distributes their products on a many locations.
8 0
3 years ago
Other questions:
  • In the PACED decision-making tool, what does "A" stand for? A. Additional B. Assessment C. Add D. Alternatives
    14·1 answer
  • Henry runs moonlight café, a world renowned fast-food restaurant, in his locality. he started the restaurant after getting a lic
    6·1 answer
  • An advantage of absorption cost transfer pricing arises from the fact that Select one: A. This method keeps the purchasing divis
    11·1 answer
  • "What are the real flows and money flows that run between​ households, firms, and governments in the circular flow​ model? The r
    12·2 answers
  • Theo is in target looking for a gift for his girlfriend. theo is not sure of what he wants except in general terms. at what leve
    13·1 answer
  • The following information was taken from the financial statements of Fox Resources for December 31 of the current fiscal year: C
    10·1 answer
  • En el periódico lee que el PIB aumento debido a un incremento en las variables internas privadas. ¿A qué variables se refiere?
    15·1 answer
  • Considering that working in the educational field requires a post-secondary education, choose a local college/university and res
    8·1 answer
  • Jagjit Company designs and builds retaining walls for individual customers. On August 1, there were two jobs in process: Job 93
    12·1 answer
  • Under the path-goal theory of leadership, what type of leader behavior includes setting challenging goals for the employee with
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!