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DIA [1.3K]
3 years ago
6

Who is the latest president of America?​

Business
2 answers:
Anika [276]3 years ago
3 0
Joe Biden is the latest president of the USA
Gelneren [198K]3 years ago
3 0
Joe Biden is the current president
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g Cathy Rogers deposits $200 in currency in her checking account at a bank. This deposit is treated as:
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Answer: 4) No change in the money supply because the $200 in currency has been converted to a $200 increase in checkable deposits

Explanation:

The money supply refers to the total amount of money currently in circulation. In this instance it remains the same because no new money was introduced into the economy.

All that has happened is that Ms. Rogers took her $200 which was already in circulation and part of money supply and deposited it in her checking account. The money is therefore still in circulation, just not in immediate cash.

Money supply therefore remains the same.

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As calculated below (attachment)She must deduct the expenses related to interest and taxes first, then deduct her other business expenses, then at last the depreciation.She may carry forward the $1,105 ($145 limit- $1,250 current depreciation) which she is not ble to use in the current year to a future year when her business has sufficient income to absorb the deduction.

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