Answer:
The correct answer is C
Explanation:
Money is the term which is described as something which serves as exchange medium, store of value and a unit of accounting. It is a exchange medium in the terms, that the person will agree to receive it by making a transaction.
In short, when depositing the money into any financial institution like banks, then this states the store of value function of the money.
Therefore, the one which is not the function of money is that it has the operations in the open market.
Answer:
The correct answer to the following question will be "Consumption".
Explanation:
Investments, welfare spending, consumer spending are essential elements of GDP. That tells them what a nation is doing well. For every year, GDP is the world's total economic production.
Expenditure on resources consumption includes:
- Durable goods (Furniture, cars, etc).
- Non-durable goods (Oils. clothing, etc).
- Services (Education, health, etc).
Therefore, it's the right answer.
A demand deposit is an account with a bank or other financial institution that allows the depositor to withdraw his or her funds from the account without warning.
Answer is D. checking account as they allow the depositor to withdraw funds at any time.
<span>The marginal propensity to consume (MPC) is the the change in consumption divided by change in income. Where change in in consumption = $50B and change in income = $200B. So we have 50/200 =1/4 = 0.25. So the MPC is $250M</span>
Answer:
annual rate of return = 10.67 %
time required for investment double = 9.60 years
Explanation:
given data
investment doubles = 6 
year
annual rate = 7.50%
solution
we get here annual rate of return by rule no 72 that is
investment doubles = 
........1
put here value
annual rate of return = 
annual rate of return = 10.67 %
so time required for investment double by rule 72
time required for double investment = 
so time required for investment double = 9.60 years
