Answer:
The M1 definition of money includes item(s) :
3. Currency (coins and paper money) in circulation
6. Checkable deposits
Explanation:
According to Fred, M1 comprises:
(1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of other depository corporations;
(2) traveler's checks of nonbank issuers;
(3) demand deposits at commercial banks (excluding those amounts held by other depository corporations, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float; and
(4) other checkable deposits (OCDs), consisting of negotiable order of withdrawal (NOW) and automatic transfer service (ATS) accounts at depository institutions, credit union share draft accounts, and demand deposits at thrift institutions. \
Seasonally adjusted M1 is constructed by summing currency, traveler's checks, demand deposits, and OCDs, each seasonally adjusted separately.
<span> </span>The establishment was a loosely
knit coalition of those who controlled state policy in the days of one party
democratic politics in Texas such as the Anglo business and oil company
executives, lawyers, and bankers. Political
change in Texas and the nation eroded the conditions that fostered Democratic
dominance.<span />
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Answer:
1) To verify transactions have the correct date assigned to them. 2) To verify that an account balance is within its credit limit. 3) To verify that all transactions have been recorded for the period.
Explanation:
When a consumer has to decide between buying a new smartphone or renting a new car, the determination of opportunity costs is difficult, as both the expenses have different utilities.
<h3>What is opportunity cost?</h3>
The cost, which is undergone in order to let go of an alternative divestment of such cost, is known as an opportunity cost. An opportunity costs may be backed by emotions and other external factors.
Hence, the significance of opportunity costs is given above.
Learn more about opportunity cost here:
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<span>Value added at Alejandro's store at 2016 is the profit he made after deducting expenses.
His expenses are as follows: $150,000 worth of jerseys + employed one worker for $40,000 + $20,000 worth of supplies from an office supply store = $ 210, 000. Since he sold the Jersey for $280, 000; he made a profit of $ 280, 000 - $ 210, 000 = $ 70, 000. Value added to Alejandro's store is $70, 000</span>
