In the U.S. economic system, what does M1 refer to? A. The amount of money in circulation outside the U.S. Treasury and Federal
Reserve OB. The amount of money held in savings accounts and easily accessible investments C. The amount of money held by the U.S. government in case of financial emergency D. The amount of money in circulation as foreign currency or inaccessible investments
B. The amount of money held in savings accounts and easily accessible investments
Explanation:
One of the most defining characteristic of an M1 is that it can be easily converted into something that can be used to finish vast majority of transaction. This include things such as savings accounts, physical currency, demand deposits, and other forms of easily accessible investments
Currently, a company's financial stability can be measured by looking at how much M1 they have on their disposal. If the M1 made up the vast majority of company's asset, we can almost say that the company has a healthy financial condition.
I believe the statement is true. Former Olympian Bruce Jenner won an endorsement deal for wheaties in his post-athletic career. <span>Jenner knew he would get </span>endorsement deals after winning<span> gold in the olympics. Hope this answers the question. Have a nice day.</span>
Functionalists believe that state of mind that exist in people mind consist of the awareness on their perspective function in society. As people held more important functions among social group, those people tend to be held on higher social standing by other members.
