The purpose for holding money in economic in classified into:
- transactional motive
- precautionary motive
- speculative motive
<h3>The Drop-downs includes:</h3>
- When price levels rise, people hold onto cash. - Speculative motive
- When interest rates are low, people forgo interest income - Speculative motive
- When aggregate income is high, people hold cash to buy goods that are plentiful and cheap - Transactional motive.
- When interest rates are low, people speculate that they will soon increase - Speculative motive
- Andy decided to hold his money in cash, as he did not earn sufficient money as income from interest. - Speculative motive
- Ben is a consumer and decides not to purchase luxury items because they are too expensive - Speculative motive
- Chad thinks it to be a good opportunity to buy the products from the market as the supply has increased. - Transactional motive
- Daphne is holding onto her money as she feels that the interest rate will go up soon - Speculative motive
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Answer:
$2,700
Explanation:
Calculation for what should this professor be willing to pay in rent per month
First step is to calculate the Transportation cost per week
Transportation cost = ($25*4 hrs)* 3 per week
Transportation cost =$100*3 per week
Transportation cost= 300 a week
Now let calculate the rent per month
Rent per month= $1500 + ($300*4)
Rent per month=$1,500+$1,200
Rent per month= $2,700
Therefore what should this professor be willing to pay in rent per month to live near campus if her hourly wage rate is $25 will be $2,700
The kind of money used by a group or nation is usually considered currency. Currency can be denominated in paper or coin money, but most currency today exists in bank balances throughout the world in non-physical (exists only on a computer or in a bank ledger) rather than in its physical form.
Answer:
$275,000
Explanation:
The computation of the value that should the land be recorded is shown below:
= Value at which rits accepted the counteroffer of the seller
= $275,000
Hence, the alue that should the land be recorded is $275,000
Basically it records the cost value as per the cost concept
The same should be considered
Klamath corporation has insufficient information to find ROE.
Return on equity (ROE) is the degree to of an agency's internet earnings are divided by using its shareholders' equity. ROE is a gauge of a corporation's profitability and how successfully it generates one's income. The better the ROE, the higher an employer is at changing its fairness financing into income.
ROE is used while evaluating the monetary performance of agencies within the identical enterprise. it's far a measure of the capability of management to generate earnings from the equity available to it. A go-back of between 15-20% is considered good.
The return on equity is a degree of the profitability of an enterprise with regard to fairness. Because shareholder's equity may be calculated with the aid of taking all belongings and subtracting all liabilities, ROE also can be the idea of a return on belongings minus liabilities.
ROE=Profit margin*Total asset turnover*Equity multiplier
Hence since Equity multiplier data is not given.
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