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vesna_86 [32]
3 years ago
12

Look carefully at the following list. a. The coins in your pocket. b. The funds in your checking account. c. The funds in your s

avings account. d. The​ traveler's check that you have left over from a trip. e. Your Citibank Platinum MasterCard. Which of the things above are NOT included in the M1LOADING... definition of the money​ supply?
Business
1 answer:
jenyasd209 [6]3 years ago
4 0

Answer:

C and E.

Explanation:

Money supply: Amount of money currently circulating within a system.

  • Your saving accounts funds are at hold, not circulating, and same goes for the MasterCard the money won't start circulating till it's used.
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Suppose market forces outside of the control of the Chinese government are causing the price of Chinese yuan in terms of Japanes
pochemuha

Answer:

A. file a pegging application with one of the three international currency-management agencies.

8 0
3 years ago
A T-bill that is 290 days from maturity is selling for $96,040. The T-bill has a face value of $100,000.
umka2103 [35]

Answer: a 0.049, 0.05 and 0.05 or 5%

b 0.039, 0.041 and 0.041 or 4%

Explanation:

Ai discounted yield = [(Face value - purchase price)/Face value] * 360/ maturity

Discount yield =:[(100000 - 96040)/100000] * 360/290

= 0.0396* 1.24

= 0.049

ii. Bond equivalent yield (BEY) = [(Face value - purchase price)/purchase value] * 365/M

BEY= [(100000 - 96040)/96040] * 365/290

BEY = 0.05

iii EAR = [(1+BEY/n)exp n - 1)

EAR = [(1 + 0.05/(365/290)) exp (360/290) - 1]

EAR = [(1 + 0.05/1.26) exp (1.26) - 1

EAR = (1.04) exp (1.26) - 1

EAR = 0.05 or 5%

The same formula are applied for the B part

Discount yield = [(100000-96040)/100000] * 360/365

Discount yield = 0.0396 * 0.986

= 0.039

B ii. BEY = [(100000 - 96040)/96040] * 365/365

BEY = 0.041 × 1

BEY = 0.041

B iii. EAR = [(1 + 0.041/(365/365))exp (365/365) - 1

EAR = (1 + 0.41) - 1

EAR = 0.041 or 4%

4 0
3 years ago
The demand curve facing a monopolistic competitive firm will be __________ than the demand curve facing a perfectly competitive
Bad White [126]

Answer:

Downward sloping; more elastic

Explanation:

Demand curve is a curve that shows the relationship between price and quantity demanded.

The demand curve of a monopolistic competitor is DOWNWARD-SLOPING.

A monopolistic competitive firm can either raise price and lose few customers or reduce price and gain some more customers.

A monopolistic competitive firm

has a more ELASTIC demand.

Elasticity of demand is the degree of responsiveness of demand to a change in price, income and price of other commodities.

Perfectly Competitive market have the following characteristics;

1) Prices are determined by the forces of demand and supply.

2) They are price takers because a single firm can't control the market.

3) Easy entry and exit.

4) Many buyers and many sellers.

5) Identical product are sold

Monopolistic Competitive market have the following characteristics;

1) There are many buyers and many sellers.

2) Firms have market control.

3) Free entry.

4) Close substitute goods are sold.

4 0
3 years ago
A justice who agrees with the outcome of a case but not the reason proffered by other justices can issue a dissenting opinion th
vodka [1.7K]

Answer: False

Explanation:

A dissenting opinion refers to an opinion in a legal case that's written by the judge(s) who disagree with the court's majority opinion that gives rise to its judgment.

It should be noted that a justice who agrees with the outcome of a case but doesn't agree with the reason that was proffered by other justices can issue a concurring opinion and not a dissenting opinion.

Therefore, the correct option is False.

8 0
3 years ago
In the late 1500s, the city of Antwerp was under siege by the Duke of Parma. The siege caused the price of food to rise, so the
Paha777 [63]
D a misallocation of resources
4 0
3 years ago
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