Answer:
M1 is equal to $ 4 trillion
Explanation:
M1 money supplies are liquid money supplies like cash, checkable deposits, traveler's check etc. It is equal to;
M1= coins and currency in circulation + checkable (demand) deposit + traveler's check.
M2 money supply are less liquid and is equated as;
M2 = M1 + savings deposit + money market fund + certificates of deposit + other time deposits.
Savings = $7 trillion
Checkable deposit = $3 trillion
Money market fund = $1 trillion
Currency = $1 trillion
Certificates of deposit = $1 trillion
M1 = currency + checkable deposit
= $1 + $ 3
= $4 trillion.
Answer:
A mechanical computer
Explanation:
Created from gears and levers
Answer:
It is an example of a matrix structure
Explanation:
The matrix structure is a structure in which jurisdiction, controls and duties are carried and uphold by a group of employees instead of just the manager.
In other words, employees have dual reporting relationships; they can give reports to the functional manager and they can also give reports to the product manager.
The Bennetton design selected by the network of Bennetton retail sales agents made activities to be easily coordinated because, they have collectively performed the duty as a unit and this is one of the advantages of this form of the matrix organizational structure.
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