Answer and Explanation:
The identification is as follows:
As we know that
M! money supply involved all the currecies that have physical existance i.e. notes, coins, demand deposits etc
While on the other hand, M2 involves M1 + near money i.e. mutual funds, checking deposits, money market etc
Since Susan has 2 year CD so it would be classified as a M2 money supply
Since larry withdraw from the bank so it would be included in M1 and M2
And, since raphael has $25,000 in money market so would be classified as a M2 money supply
Answer:
True
Explanation:
The matching principle states that only those payments and receipts which actually are paid or received. the interest accrued is not included unless it is paid
Answer:
b wages, interest payments, rent, and profits
Explanation:
The GDP refers to the Gross domestic product which reflects the finalized market value of the goods and services that are to be produced within the country
Plus According to the factor payments, the GDP are to be calculated based on wages, interest payments, rents, and profits and the same is to be considered while calculating the GDP
