Answer:
a). M1=$808 billion
b). M2=1,068 billion
Explanation:
M1 is the money supply that is the most liquid and is or can be easily converted into cash. The formula for calculating M1 is;
M1=C+D+T+S
where;
M1=money supply
C=currency held outside banks
D=checkable deposits
T=traveler's checks
S=small-denomination time deposits
In our case;
M1=unknown
C=$354 billion
D=$250 billion
T=$4 billion
S=$200 billion
replacing;
M1=(354+250+4+200)=$808 billion
M1=$808 billion
M2 includes elements of M1 and additional money supply that are near liquid. The formula is;
M2=M1+savings deposit+mutual funds
where;
M1=$808 billion
savings=$100 billion
retail money market mutual funds=$160
replacing;
M2=(808+100+160)=1,068 billion
M2=1,068 billion
Answer:
d. Is an acceptable strategy once a need has been identified and a suitable product has been selected.
Explanation:
A face to face selling of a product directly to business is one of the best example of personal selling e.g. cars, photocopier, office equipment etc.
Answer:
Minimize is the correct answer for plato users
Explanation:
Answer:
Offshoring
The answer is offshoring because people do work for companies that are in other countires or states because they are probably a proffesional at what they are doing.