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ra1l [238]
3 years ago
9

Which definition(s) of the money supply include(s) only items which are directly and immediately usable as a medium of exchange?

m1 m2 m1 and m2 neither m1 nor m2?
Business
1 answer:
Gala2k [10]3 years ago
7 0
The definition of money supply which include only items which are directly and immediately usable as medium of exchange is M1. Money supply refers to the entire stock of currency and other liquid assets that are circulating in a particular economy at a particular period of time.  
M1 include cash and checking deposits which are very liquid in nature and are suitable as medium of exchange. 
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4 0
1 year ago
You work as an assistant coach on the university basketball team and earn $13 per hour. One day, you decide to skip the hour-lon
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Answer:

$22

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The total cost of skipping practice and going to the carnival will be computed by adding the forfeited earnings from practice plus the carnival admission fee.

Total cost = $13 + $9 = $22.

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6 0
3 years ago
The following income statement was produced when volume of sales was at 400 units. Sales Revenue $ 1,600 Variable Cost 700 Contr
lilavasa [31]

Answer:

If volume reaches 500 units, net income will be: $715

Explanation:

When  volume of sales was at 400 units:

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Variable Cost per unit = Variable Cost/400 = $700/400 = $1.75

If volume reaches 500 units:

Total Sales Revenue = $4 x 500 = $2,000

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Net income = Total Sales Revenue - Variable Cost - Fixed Cost = $2,000 - $875 - $410 = $715

7 0
3 years ago
What are the two primary ways that media companies collect revenues? Select one: a. Economic and monopolistic practices b. Marke
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Answer: Option C

                           

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2 years ago
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