Answer:
M2 = $470 billion.
Explanation:
M2 = Currency + Money market mutual fund + Time deposits + Saving deposits
M2 = 200 billion + 10 billion + 40 billion + 220 billion
M2 = $470 billion.
M2 is a calculation of the money supply that includes all elements of M1 as well as "near money"
Answer:
A) -0.55
B) The negativity in the estimated elasticity suggests that for every 1% increase in the price of transport there will be a corresponding 0.55% decrease in the number of Commuters
Explanation:
Given data:
current fare (P0) = $4
hiked fare (P1) = $6
change in fare = $2
number of rides before increase ( Q0 ) = 10000
number of rides after increase ( Q1 ) = 8000
change in rides = 2000
A) The estimated elasticity of demand for MRT rides using the midpoint /ARC method
Mid point method = [ ( Q1 - Q0 ) / ( Q1 + Q0 ) ] / [ (P1 - P0 ) / (P1 + P0 ) ]
= [ - 2000 / 18000 ] / [ 2 / 10 ]
= - 1000 / 1800 = - 5 / 9 ( estimated elasticity )
= - 0.55
B) The negativity in the estimated elasticity suggests that for every 1% increase in the price of transport there will be a corresponding 0.55% decrease in Commuters
I think the answer to your question is Mathematical/Logical.
Answer: c. The project contains simple activity sequences
Explanation:
Gantt chart is a firm of bar chart that depicts a project schedule as it helps in the scheduling of a particular project.
Gantt chart is a graphical tool that helps in showing the activities that are performed against time to the project team or project manager. Gantt charts are effective for project scheduling if such project contains simple activity sequences.