If you are out shopping for clothes and books, what is easiest and most convenient for you
Question:
If you are out shopping for clothes and books, what is easiest and most convenient for you to spend: M1 or M2? Explain your answer.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
The currency and checks in M1 are easiest to spend It is harder to spend M2 directly alt...View the full answer
Answered By
Diksha Bhasin
I have been taking online teaching classes from past 5 years, i.e.2013-2019 for students from classes 1st-10th. I also take online and home tuitions for classes 11th and 12th for subjects – Business Studies and Economics from past 3 years, i.e. from 2016-2019. I am eligible for tutoring Commerce graduates and post graduates. I am a responsible for staying in contact with my students and maintaining a high passing rate.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
-
You have completed your first meeting with Harper and Riley Evans. You are confident that you now have most of the information you will need to prepare a comprehensive financial plan for them. Beyond...
-
Write a recursive program to draw plasma clouds, using the method suggested in the text.
-
Do you think U.S. private companies will embrace IFRS for SMEs? Why or why not?
-
Which of the following is not an acceptable filing status? a. Single b. Qualifying widow(er) c. Divorced d. Head of household
-
Fill in the Blank. The moving elements of a reciprocating engine are the crank, the connecting rod, and the ____________.
-
Portofino Company made purchases on account from three foreign suppliers on December 15, 2012, with payment made on January 15, 2013. Information related to these purchases is as follows: Portofino...
-
Industries react in different ways to business cycle fluctuations in the economy. Some industries are very vulnerable to economic swings, some are relatively immune to them, and others prosper during...
-
For the following list of items, indicate if they are in M1, M2, or neither: a. Your $5,000 line of credit on your Bank of America card b. $50 dollars worth of travelers checks you have not used yet...
-
Can you name some item that is a store of value, but does not serve the other functions of money?
-
The following quote refers to the problems of Campeau Corporation, a Canadian-based retail empire that later declared bankruptcy. At the time, campeaus department store chains included Bloomingdales,...
-
Does the data cube reflect the kinds of conversations and analyses (e.g., product time, customer time) that take place for your firm?
-
How does your company define a customer? What are the criteria that underlie the definition, and how will that definition change as you engage in new business practices (e.g., new products/services...
-
How do you allocate fixed and variable costs to each transaction and to each customer? Are there formal written guidelines, and do you handle these issues consistently across your firm?
-
Compare and contrast the five major conflict styles.
-
Various library resources and websites contain the text of famous speeches. Find one with excerpts or the entire speech of someone famous who interests you. Watch the speech and evaluate according to...
-
In December 1995, Boise Cascade's stock had a beta of 0.95. The Treasury bill rate at the time was 5.8%, and the Treasury bond rate was 6.4%. The firm had debt outstanding of $1.7 billion and a...
-
Find a least expensive route, in monthly lease charges, between the pairs of computer centers in Exercise 11 using the lease charges given in Figure 2. a) Boston and Los Angeles b) New York and San...
-
How and why do managers evaluate the effectiveness of strategic plans?
-
What managerial skills and actions are included in the planning process?
-
How and why do managers plan? Why are goals important in the planning process?
-
14. Your friend wants to create a single instance variable to be able to store information about books located in different libraries, but isn't very skilled at programming and isn't aware of how to...
-
2. Scrooge is getting ready for the 104 Duck Fashion Show. Scrooge has 3 hats (yellow, black, green), 9 shirts (3 of which are yellow, and 6 of which are green), and 7 bowties (all of which are...
-
Access Control Lists are just what they sound like and yet they're so powerful and specialized that they're often misunderstood. In your initial post, talk about what you think they are now. Put the...
Study smarter with the SolutionInn App