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3 years ago

The money supply fell during the Great Depression because __________

Business

1 answer:

bekas [8.4K]3 years ago

4 0

Answer: the public held more currency, and the banks held more excess reserves

Explanation:

The Great Depression, was an economic downturn which brought about the reduction in output, mass unemployment, reduction in investment, banking panics etc.

Some of the factors that led to the Great Depression were the crash in stock market, banking panics which led to reduction in loanable funds. The money supply reduced because the public held more currency, and the banks held more excess reserves.

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Coffee accounts for at least 50 percent of the revenue that Uganda and Burundi earn from their exports. This reliance on one com

Ahat [919]

The reliance on one commodity explains why they are classified as a peripheral economy.

<h3>What is a peripheral economy?</h3>

A peripheral economy is an economy that relies on either one commodity or a few commodities. As a result, these types of economies are extremely vulnerable to fluctuations in price and demand of that commodity.

To learn more about exports, please check: brainly.com/question/14099857

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2 years ago

For each of the following accounts, identify whether that item is an asset, liability, or equity account. Account Classificati

Ulleksa [173]

Answer:

a. Bonds payable Liability account

b. Equipment Asset account

c. Accounts payable Liability account

d. Salaries payable Liability account

e. Common stock Equity account

f. Retained earnings Equity account

g. Cash Asset account

h. Accounts receivable Asset account

i. Sales revenue Equity account

j. Inventory Asset account

Explanation:

All the assets account is debit in nature, so the equipment, cash, account receivable and Inventory accounts are debit in nature and these are classified as asset.

All the account with credit nature is either classified as Liability or Equity accounts. Equity accounts are common stock, retained earning and sales revenue. Liabilities accounts are bond payable, account payable and salaries payable.

8 0

3 years ago

Harold receives a life annuity from his qualified pension that pays him $5,000 remainder of his cost of the annuity. Which of th

arlik [135]

Answer:

The correct option for Harold to do after he has received the cost of the annuity is to include the entire amount of each annuity payment in gross income

Explanation:

As the cost of the annuity has been received by Harold and whatever he is receiving afterwards is the income. Thus he will include the complete value in the gross income and the taxes will be calculated accordingly.

4 0

3 years ago

What is implied if the inventory account has increased?

ioda

Answer:

C. Cash flow from operating activities has decreased relative to net income.

Explanation:

As we know that

Operating activities involves those activities that impact the after-net income working capital. This will subtract the rise in current assets and a reduction in current liabilities, while adding the decline in existing assets and a rise in current liabilities.

It will adjust some adjustments in working capital. In addition, the depreciation expenses are applied to the net profit and the loss on the selling of assets is added, while the gain on the sale of assets is deducted

Hence, the C option is correct

7 0

3 years ago

Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes.

Sergio [31]

Answer:

M1 M2

Explanation:

7 0

3 years ago