1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
3241004551 [841]
2 years ago
7

Currency $1,000 Checking Account Balances $2,000 Savings Account Balances $5,000 Small-Denomination Time Deposits $6,000 Non-Ins

titutional Money Market Fund Shares $7,000 Consider the information above from 2019 and assume there are no traveler's checks. Calculate M1.
Business
1 answer:
LenaWriter [7]2 years ago
7 0

Answer:

M1 = $3000

Explanation:

Below is the given values:

Given the currency = $1000

The balance of checking account = $2000

In order to find the M1, just add the balances of currency and balances of the checking account.

Thus M1 = Currency + Balance of checking account

M1 = 1000 + 2000

M1 = 3000

Therefore, the M1 = $3000

You might be interested in
Compared to a country with an MPS of 0.05, a country with an MPS of 0.2 would have to change government expenditures by ________
const2013 [10]

Answer: Four times.

Explanation:

Based on the information given, the government expenditure multiplier in this case goes thus:

K = ∆Y/∆G = 1/1-MPC = 1/MPS

For the first country with a MPS of 0.05, K = 1/MPS = 1/0.05 = 20

For the first country with a MPS of 0.2, K = 1/MPS = 1/0.2 = 5

Therefore, 20/5 = 4.

Therefore, the answer is four times.

8 0
3 years ago
Millions of software programs have been created and have helped to improve the economy. This is an
stich3 [128]

Answer:

Millions of software programs have been created and have helped to improve the economy. This is an

example of___new technology___.

7 0
3 years ago
A _____ is a set of functions or activities within an organization that work together for the aim of the organization.
scoray [572]
The answer to your question is System.
4 0
3 years ago
The negative impact of the coronavirus on businesses​
Pie

Answer:

UNEMPLOYMENT..

main cause..

3 0
3 years ago
Janet saw on the news where a family of seven children perished in a house fire—it was also revealed that the house did not cont
andreev551 [17]

Answer:

Proposition of Fact    

Explanation:

A proposition of fact is the argument that tries to convince the audience about a course of action which the argument maker desires everyone must accept. So in this scenario, Janet brings forward a solid argument which is supported by the accident outcome and this argument can be used to convince the audience.

5 0
2 years ago
Other questions:
  • Which of the following is TRUE regarding​ computer-aided design?
    12·1 answer
  • Under HIPAA, "retrospective research" (a.k.a., data mining) on collections of PHI generally … A) Is covered by Common Rule/FDA r
    9·2 answers
  • Dolphus raymond tells scout, “you haven’t even seen this town, but all you gotta do is step back inside the courthouse.” how wil
    9·1 answer
  • Which of the following is not a feature or characteristic of subscription monitoring tools? Select one: a. Most moderate and hig
    9·1 answer
  • Suppose that a tax is placed on books. if the sellers pay the majority of the tax, then we know that the
    14·1 answer
  • Agent John is planning to conduct a series of events. Some will be strictly educational, others will be formal presentations of
    12·1 answer
  • The adoption of specific ground rules that specify acceptable behaviors by project team members can improve working relationship
    15·1 answer
  • On the Navigation Bar, which of the following would you select to enter inventory item maintenance information?
    6·1 answer
  • On December 31, 2020, Dow Steel Corporation had 600,000 shares of common stock and 300,000 shares of 8%, noncumulative, nonconve
    5·1 answer
  • What is the plowback ratio for a firm that has earnings per share of $12.00 and pays out $4.00 per share as dividends?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!