Answer:
M1 $1.24 trillion
M2 $4.41 trillion
M1 and M2 money have several definitions, ranging from narrow to broad. M1 = coins and currency in circulation + checkable (demand) deposit + traveler's checks. M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.
Answer:
a. is the increase in total cost resulting from production of one additional unit of output.
The following contributors to the growth of productivity in order of their quantitative importance are rearranged:
quantity of capital,
economies of scale,
technological advance.
improved resource allocation,
education and training,
Explanation:
Growth accounting is used in economics as a process of measurement of contributions from different factors that result in economic growth. This is computed indirectly for the rate of technological progress which is measured as a residual in the economy.
Labor inputs have increased the GDP of USA manifold. The greater labor productivity means that the economy is more efficient , in the sense of being more productive which has a positive effect on the GDP.
Answer: See explanation
Explanation:
Based on the information given in the question, the increase or decrease in the retained earnings will be calculated as:
= (10,000,000 - 400,000) × 15% × $15
= 9,600,000 × 0.15 × 15
= 21,600,000
The retained earnings will decrease by $21.6 million
The options given aren't correct.
Answer:
e) 3.38%
Explanation:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Required rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
For A
= 4.25% + 0.70 × (11.00% - 4.25%)
= 4.25% + 0.70 × 6.75%
= 4.25% + 4.725%
= 8.975%
For B
= 4.25% + 1.20 × (11.00% - 4.25%)
= 4.25% + 1.20× 6.75%
= 4.25% + 8.1%
= 12.35%
So, the difference would be
= 12.35% - 8.975%
= 3.375%
The (Market rate of return - Risk-free rate of return) is also known as market risk premium