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Answer:
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Answer:
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Explanation:
hope this helps
Answer:
Explanation:
Production function: In simple words, production function refers to the functional relationship between the quantity of a good produced (output) and factors of production (inputs).
Production function: In simple words, production function refers to the functional relationship between the quantity of a good produced (output) and factors of production (inputs).
FDI: A foreign direct investment is an investment in the form of a controlling ownership in a business in one country by an entity based in another country.
- Singapore has encouraged foreign firms to establish subsidiaries within its borders, especially in the electronics industry.
- Singapore has the fourth-largest amount of FDI in the world.
- What has happened to the rental rate and the wage?
- Find in the attachment a table which shows much of this.
- The annual growth rate in rental rates for the 1970-1990 period using the production function and marginal product was -5%.
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.