subject
Arts, 03.01.2022 16:40 ashiteru123

Jane currently has $6,000 in her savings account and $2,000 in her checking account at the local bank. Instructions: Use a positive number to represent an increase and a negative number to represent a decrease Suppose she withdraws $550 in cash from her savings account. By what dollar amount does the country's money supply (M and M2) change as a result of Jane's actions? Change in M:$ Change in M2: $ b. Now suppose instead that Jane withdraws $550 from her checking account and uses $330 of this money to pay her federal income tax. After that, she uses $140 to buy a set of used golf clubs from her neighbor who deposits it into his checking account. Finally, she deposits the remaining cash from the $550 withdrawal into her savings account. By what dollar amount does the country's money supply change as a result of Jane's actions? Change in M: $ Change in M2: $

ansver
Answers: 3

Other questions on the subject: Arts

image
Arts, 22.06.2019 12:00, sindy35111
Which camera process came before the daguerreotype
Answers: 1
image
Arts, 23.06.2019 10:30, msladycie8831
Compare and contrast the architecture and function of the pyramid of djoser and the great pyramids at giza?
Answers: 1
image
Arts, 23.06.2019 11:30, gabi83
Using the correct order of operations, what does this formula equal? =(4-2)*6/2.
Answers: 2
image
Arts, 24.06.2019 02:00, zaanebali
What is the most famous racetrack in america?
Answers: 2
You know the right answer?
Jane currently has $6,000 in her savings account and $2,000 in her checking account at the local ban...

Questions in other subjects:

Konu
English, 18.05.2021 23:00