Answer:
M1
Explanation:
In economics, the term M1 refers to very liquid money supply (money that is easy to get to) that includes the following:
- physical currency (coins and paper money)
- demand deposits,
- traveler's checks,
- other checkable deposits.
On the other, hand, M2 is less liquid money supply and it includes M1 plus:
- savings and time deposits,
- certificates of deposits,
- money market funds.
In general terms, the main difference between these two is how easy is to get access to them, M1 is more accessible (more liquid) than M2.
The question asks us about the <u>money supply that includes coins, paper money, traveler's checks, conventional checking accounts and checkable deposits. </u>We can see that all these refers to the most easily accessed money supply and thus <u>this is the definition of M1</u>
No, it is a fantasy movie. Science Fiction is mostly centered around Science, Fantasy deals with magic and dragons etc.
Constitutional amendments can be proposed by the Congress with a two-thirds majority vote in both the House of Representatives and the Senate. Constitutional amendments can also be proposed by a constitutional convention called for by two-thirds of the State legislatures; however, the first way is the one that has always been used.
It is the Article V of the Constitution the one that prescribes how an<em> amendment</em>, which means an improvement, a correction or a revision to the original content, can become a part of the Constitution.
Idn't Spain have more colonies in Africa?
OK. During the era of exploration, the Portuguese were sailing around the coast of Africa and began their colonies in Mozambique, Angola, Guinea-Bissau, Cape Verde and Sao Tome y Principe. By the 1500's, Spain was preoccupied by explanding their empire in the Americas. Africa was then ignored for centuries before the introduction of quamine, which allowed Europeans to travel inland in Africa without dropping like flies from malaria. Hence, in the 1870's the scramble for Africa began! The British and French, the two largest Western powers of the day, took the most land in Africa. Germany too took colonies...Cameroon, Tanzania, Togo and Namibia were German colonies before WWI. Even Belgium took the Congo (they actually began the Scramble for Africa after circumnaviagting the Congo River). After WWI, they would also take Rwanda and Burundi from the Germans.
The economic term is the opportunity cost.
The concept of opportunity cost is a relatively inexpensive and relative measure that involves people's preferences, so it varies from person to person. It is a question of comparing what is left over when making a decision.
In Katie's case, the opportunity cost of the money she saves to buy a car is what she fails to do with that money. For example, she stops investing in stocks, fails to make a trip, etc.
All decisions involve an opportunity cost. Taking another example, the opportunity cost of studying for the test at the end of the week is measured by the loss of leisure you would have. However, the decision to study for the test is chosen because it is more valuable.
