Why does a credit-card transaction to buy an item fail to count as part of the M1
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 84% (19 reviews)
Hence for the final analysis we can say that A c...View the full answer
Answered By
OTIENO OBADO
I have a vast experience in teaching, mentoring and tutoring. I handle student concerns diligently and my academic background is undeniably aesthetic
4.30+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
What different sources of revenue are available from credit card lending? Outline the clearing process with a credit card transaction. What is the biggest risk in credit card loans?
-
Which date is used to record a credit card transaction?
-
Classify each of the following costs as fixed or variable: a. Credit card transaction fee paid by retailer$0.20 per transaction plus 2% of the sales amount b. Yearly salaries paid to marketing staff...
-
Fun Cosmetics Ltd. is a skincare product manufacturer based in New Zealand that produces the LoveSkin instant moisturizer for women. Because of the reliability and quality of its products, it has...
-
Find the work done in carrying a 5-C charge from P(1, 2, - 4) to R(3, 5, 6) in an electric field E = a x + z 2 a y + 2yza z V/m
-
Write a user-defined MATLAB function that converts speed given in units of knots (one knot is one nautical mile per hour) to speed in units of feet per second. For the function name and arguments,...
-
When should we use packaging? Discuss its pros and cons.
-
Discuss why it is crucial that internal auditors report solely to the uppermost level of management (either to the chief executive officer or the audit committee of the board of directors) and answer...
-
Discuss what is meant by a marketspace, its components and participants, and types. Are there winners and losers in the e - marketplace? Why, or why not? Please discuss and use real life examples to...
-
Explain the entrepreneurial characteristics of Tariq. How did they evolve over a period of time? Tariq a Mechanical Engineer graduated from University of Engineering and Technology. After which he...
-
1. Why do you suppose that people first stopped regularly using Zimbabwean dollars as a store of value before deciding to halt their use as a medium of exchange? 2. If interest rates earned by banks...
-
1. How do you suppose that the willingness of European banks to make adjustable-rate mortgage loans has been affected by the decrease in interest rates that they earn? 2. Why do you suppose that...
-
FIGURE EX2.11 shows the velocity graph of a particle moving along the x-axis. Its initial position is x 0 = 2.0 m at t 0 = 0 s. At t = 2.0 s, what are the particles (a) Position, (b) Velocity, and...
-
Assume that a monopolist sells a product with a total cost function: TC=1000 + 500Q + Q 2 The market demand curve is given by the equation: Q = 500 - 0.25P A. What price and quantity would be...
-
Let X and Y be two continuous random variables with the joint pdf f(x, y) = c if 0 x, y 1 and x + y 1, or 1x 0,0 y 1 and x+y 1 and zero otherwise. (1) Derive the constant c, using the defining...
-
Assume fixed cost = $20,000 and variable cost per unit = $7.50. At what price will the firm achieve break-even point if expected sales volume (in units) equals 10,000 units? At what price will the...
-
At the end of t years, the future value of an investment of $42,500 in an account that pays 12% compounded monthly is S=42,500 1 + 500 (1+0.12) 12 future value of the investment be more than...
-
Given that the weekly incomes of the accountants in an accounting firm at Botswana follows a normal distribution with a mean of 2,000 and a standard deviation of 500. 1) Calculate the probability of...
-
Investment advisers and tax professionals are continuously striving to create sophisticated transactions and investment vehicles (i.e., tax-advantaged investments) that are designed to provide...
-
The slopes of the tangents at the points where the curve y = x2 - 4x intersects the X-axis is 1) 1 2) +2 3) +3 4) +4
-
Under which legal theory or theories might Sun Farms claim that its obligation under the contract has been discharged by operation of law? Discuss fully. Vals Foods signs a contract to buy 1,500...
-
Suppose that Sun Farms contacts every basil grower in the country and buys the last remaining chemical-free basil anywhere. Nevertheless, Sun Farms is able to ship only 1,475 pounds to Vals. Would...
-
Now suppose that Sun Farms sells its operations to Happy Valley Farms. As a part of the sale, all three parties agree that Happy Valley will provide the basil as stated under the original contract....
-
The controller for Tulsa Medical Supply Company has established the following activity cost pools and cost drivers. Machine setups Budgeted Overhead Cost Cost Driver Number of setups Weight of raw...
-
In 2023, Miranda records net earnings from self-employment of $168,500. She has no other income. Determine the amount of Miranda's self-employment tax and her AGI income tax deduction. In your...
-
Describe how empowerment, work groups, and multifunctional teams would or would not affect the five types of problems.
Study smarter with the SolutionInn App