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Kaylis [27]
2 years ago
8

Assume that Robin's checking account at Folsom Bank has a balance of $2,000. If Robin withdraws $200 of cash from the bank's ATM

machine, by what amount does the M1 money supply change as a result of this single, isolated transaction?
a. No change.
b. M1 increases by $200.
c. M1 decreases by $200.
d. M1 increases by $200 times the reserve multiplier.
Business
1 answer:
astra-53 [7]2 years ago
4 0

Answer:

c

Explanation:

because he got out 200 from his bank

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sergejj [24]
Hi there!

The answer to your problem is c = $46.04

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7 0
3 years ago
Brainliest Answer!! What Type of competitive situation is this?
Ann [662]

A. Pure competition

Pure competition describes a market with a wide range of competing businesses all selling the same product, in this case milk.

Monopolies are a single company running the market, and oligopoly markets have a small number of players who together control the vast majority.

5 0
3 years ago
Cioffi Manufacturing Company incorporates standards in its accounts and identifies variances at the time the manufacturing costs
valina [46]

Answer:

A. Dr Materials $18,825

Dr Direct Materials Price Variance $8,575

Cr Accounts Payable $127,400

B. Dr Work in Process $97,000

Cr Direct Materials Quantity Variance $4,850

Cr Material 92,150

Explanation:

Preparation of the journal entries

A. Dr Materials $18,825

(2,450*$48.50 per unit)

Dr Direct Materials Price Variance $8,575

[2,450*($52.00 per unit-$48.50 per unit)]

Cr Accounts Payable $127,400

(2,450*$52.00 per unit)

B. Dr Work in Process $97,000

(200*10 units *$48.50)

Cr Direct Materials Quantity Variance $4,850

(2,000 units – 1,900 units) × $48.50

Cr Material 92,150

(1,900 × $48.50 )

6 0
2 years ago
Bridgitte and Carlotta have started a business together; Carlotta put up half the money, but she is not involved in the manageme
Fittoniya [83]

Answer:

Limited partnership.

Explanation:

Limited partnership is a business that is set up by people who want to run a partnership together but where one or more of the partner is only interested in investing in the partnership without the desire to be involved in the day to day running as well as the right to take decision concerning the partnership, such an arrangement is called Limited partnership. The liability of the Limited partner is limited to the amount of capital contributed.

The other type of partner is general partner who is involved in the day to day running of the firm and has unlimited liability for the debt of the partnership.,

5 0
3 years ago
The sale of computer equipment used in a trade or business for nine months results in which of the following types of gain or lo
Free_Kalibri [48]

Answer:

Pregnancy

Explanation:

That is 9 months.

6 0
3 years ago
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