What is money placed in a checking account called

The narrowest definition of the money supply (M1) includes:

fenix001 [56]

Answer:

c. cash, checking account balances, and travelers' checks.

Explanation:

Money Supply is the concept that means the amount of the liquid financial products and total currency in the market or economy. It is regulated the macro-economically by the monetary policy. So, there are types of measures of money supply or stock:

-M0: narrowly, it means the hard currency in circulation

-MB: it equals M0+ the hard currency which are not technically in circulation and in bank reserves.

-M1: it is the most common one and equals M0 plus checking accounts plus travelers’ checks and other checkable deposits.

-M2: covers M1 and saving accounts and CDs.

-M3: it surrounds the larger deposits.

-MZM: finally, this indicates the money market deposits.

That’s why we could notice that M1 narrowly means the cash, checking account and travelers’ checks.

5 0

4 years ago

Nancy and Sheila are both loan officers who graduated from the same university with bachelors’ degrees in economics, and achieve

Jobisdone [24]

Answer:

The correct answer is letter "D": rewarding increases in human capital.

Explanation:

Rewarding increases in human capital refers to providing prizes and incentives to employees after obtaining certain knowledge within their functions or when they have achieved certain goals in the company. It is one of the most common promotion methods used by firms after which employees earn raises or a different charge.

Entities motivating their human capital increase the chances of those individuals being more committed to the firm boosting their productivity.

7 0

3 years ago

Macroeconomics is the branch of economic theory that deals with behavior and decision making by small units such as individuals

Bezzdna [24]

Answer:

True

Explanation:

Macroeconomics is a part of financial aspects that reviews how a general economy—the market frameworks that work on a vast scale acts. Macroeconomics manages the exhibition, structure, and conduct of the whole economy, rather than microeconomics, which is progressively centered on the decisions made by singular entertainers in the marketplace.

Macroeconomists create models clarifying connections between these components. Such macroeconomic models and the gauges they produce are utilized by government elements to help in the development and assessment of financial, money related, and monetary approaches; by organizations to set methodology in household and worldwide markets.

3 0

3 years ago

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New Products pays no dividend at the present time. Starting in Year 3, the firm will pay a $0.25 dividend per share for two year

In-s [12.5K]

Answer:

You should pay $3.86 to purchase this stock.

Explanation:

Hi, first let me mention that we can find the price of a stock by bringing to present value its future cash flows, in this case, its dividends, therefore we need to bring to present value $0.25 of year 3 and $0.25 of year 4. We also have to bring that constant dividend of $0.75 that the company plans to pay indefinitely, that we can do by using the following formula, discounted at 13%.

$PV(4)=\frac{Constant Dividend}{Discount Rate}$

Notice that the formula above says PV(4), that is because this formula only brings that perpetual annuity to one period of time before the first payment takes place, therefore this value has to be brought to present value too.

With all the considerations above, this is how everything should look like.

$Price=\frac{0.25}{(1+0.13)^{3} } +\frac{0.25}{(1+0.13)^{4} } +\frac{0.75}{0.13} *\frac{1}{(1+0.13)^{4} }$

$Price=0.17+0.15+3.54=3.86$

Therefore, the price of this stock is $3.86

Best of luck.

6 0

4 years ago

Smith has applied overhead of $73,000 and actual overhead of $87,600 for the month of November. It applies overhead based on dir

oee [108]

Answer:

Estimated direct labor hours= 180,000

Explanation:

Giving the following information:

Overhead for the year was estimated to be $900,000.

Smith has applied overhead of $73,000

It applies overhead based on direct labor hours and those equaled 14,600 in November.

We have to reverse engineer the allocation method for manufacturing overhead.

First, we need to calculate the estimated overhead rate:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

73,000= Estimated manufacturing overhead rate*14,600

$5= Estimated manufacturing overhead rate

Estimated manufacturing overhead rate= $5 per direct labor hour

Now, we can determine the estimated direct labor hours:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

5= 900,000/ total amount of allocation base

5*X= 900,000

total amount of allocation base= 180,000

Estimated direct labor hours= 180,000

3 0

3 years ago

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