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Nina [5.8K]
3 years ago
10

Money Market Mutual Find Balances held by Businesses $100 Money Market Mutual Fund Balances held by Individuals 220 Currency in

Banks 10 Currency in circulation 60 Savings deposits, including money market deposit accounts 50 Large denominated ($100,000 or more)time deposits 180 Small denominated ($100,000 or less)time deposits 80 Checkable deposts 70 Refer to the above information. The value of the "near-monies" that are part of M2 is:
Business
2 answers:
blagie [28]3 years ago
8 0

Answer:

$450

Explanation:

M2 money supply = M1 + savings deposits + small time deposits (less than $100,000) + retail money market funds

M1 = $60 (currency in circulation) + $70 (checkable deposits) = $130

M2 = $130 (M1) + $100 (money market funds held by businesses) + $220 (money market funds held by individuals) + $50 (money market deposits) + $80 (small time deposits) = $580

if you subtract M1 from M2, you get the value of near-monies = $580 - $130 = $450

oksian1 [2.3K]3 years ago
4 0

Answer:

A

Explanation:

M2= 60+70+50+220+80= $480

hence option A is correct

MZM = $480-80+100= $500

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The correct option is C, RETAIL SALES.
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8 0
2 years ago
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Answer: Decrease

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5 0
2 years ago
Starbucks is a global company that provides high-quality coffee products. Assume that as part of its expansion strategy, Starbuc
goldenfox [79]

No, there is not any requirement of recording when the fair value of bonds decreases to $6000000 on December 31 of the current year.

Given that Starbucks purchased bonds with $ 7 million face value at par for cash on July 1 of the current year and the bonds pay 7 percent interest the following June 30 and December 31 and mature in three years.

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7 0
1 year ago
Approximately how much should be accumulated by the beginning of retirement to provide a $2,500 monthly check that will last for
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Answer:

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PMT = $2500  

Amount to be Accumulated = PV(Rate,Nper,PMT,FV)

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Therefore, The amount to be accumulated by the beginning of retirement to provide a $2,500 monthly check that will last for 25 years is $323,900 .

7 0
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