Author Question: If you have assets that include 50 in cash, a checking account with 135, a savings account with 500, ... (Read 101 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
If you have assets that include 50 in cash, a checking account with 135, a savings account with 500, and a jar of coins for laundry of 15.75, how much M1 do you have?
 
  What will be an ideal response?

Question 2

Every year as the clock nears midnight on December 31st, the eyes of the world turn to Times Square in New York City to watch the famous ball drop at midnight.
 
  The event is open to everyone, but it is advised you arrive early to be able to participate because the square quickly becomes crowded with no space left for latecomers. This celebration is most like a A) common resource.
  B) public good.
  C) private good.
  D) natural monopoly.



k2629

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

You have 200.75 of M1, comprised of the 50 in cash, plus the 135 in the checking account, plus the 15.75 jar of coins.

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

For a complete list of videos, visit our video library