1.Money solves the problem of double coincidence of wants that would regularly occur under a system of A.credit cards B. Debit cards C. Money or D.Barter
2. Credit Cards. Credit cards are not considered part of the money supply because:
A.
they are a unit of account.
B.
they represent a store of value.
C.
they are a loan which you have to use money to pay for later.
D.
they make it easier to conduct business.
3. Currency and Underground Economy. People that engage in illegal transactions prefer to use currency relative to other forms of money. Which of the following is not a reason illegal transactions are usually made in currency?
A.
Currency can be used to make other transactions.
B.
It is not easy to track transactions made with currency.
C.
People know the value of currency.
D.
It is easy to track transactions made with currency.
4. If the reserve ratio is
0.20
and a deposit of
$200
is placed into a bank, that bank can lend out
$nothing
.
5. Money Market Mutual Funds, Banks, and Reserves. Money market mutual funds typically invest in government securities and other financial instruments that can be easily bought and sold. They are not subject to reserve requirements and, in fact, hold minimal reserves. Banks, on the other hand, make loans to businesses for investment purposes.
Prior to 2008, banks did not normally earn interest on reserves.
Suppose that banks still do not earn any interest on reserves. If there were no reserve requirements for banks, how do you think their reserve holdings would compare to money market mutual funds?
A.
The level of bank reserve holdings would be similar to those held by money market mutual funds since banks can earn more money by keeping reserves at minimal levels.
B.
The level of bank reserve holdings would be lower than those held by money market mutual funds since banks can borrow from each other.
C.
The level of bank reserve holdings would still be higher than those held by money market mutual funds since banks have to provide funds to depositors.
D.
The level of bank reserve holdings would be higher than those held by money market mutual funds since bank lending is riskier than investments of money market mutual funds.
6. If a bank has
$ 50
billion in demand deposits and required reserves are
8
%,
the maximum amount of money it can lend is
$nothing
billion.
7. The Treasury Secretary and the Fed. Occasionally, some economists or politicians suggest that the Secretary of the Treasury become a member of the Federal Open Market Committee. This would most likely
▼
increase
decrease
have no impact on
the independence of the Federal Reserve.
8. Where Should Regional Banks Be Located Today? Given the changes in the location of economic activity that have occurred since the founding of the Federal Reserve, how would the location of the regional banks change if they were allocated by economic activity?
The locations of the banks and the branches would be
▼
the same
different
since economic activity has geographically shifted. There would probably be more banks in the
▼
West
East
,
and the
▼
Philadelphia
Cleveland
San Francisco
district would be smaller, or have more banks.
9. Which of the following is NOT a function of the Federal Reserve?
A.
conducting monetary policy
B.
lending money to individuals who can not receive loans from anyone else
C.
ensuring check clearing
D.
distributing new currency for the U.S. Treasury Department, which prints it
10. In the banking system, when clearing checks, the difference between the Federal Reserve’s credits and debits is the:
A.
liability.
B.
money.
C.
reserve.
D.
float.
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Monarch Associates A U S Computer Parts Manufacturer Entered Into A Joint Ventur
/in Uncategorized /by developerMonarch Associates, a U.S. computer parts manufacturer, entered into a joint venture with a Russian computer technology company, Vladir Unlimited. The joint venture agreement was signed by both parties but created by Vladir and had an arbitration clause that called for all legal and nonlegal disputes, to be arbitrated in Russia. Vladir could also choose arbitrators from a panel maintained by the Russia Arbitration Institution. The panel members live in Russia.
Monarch now contends that a legal dispute with Vladir should be handled in the United States. Vladir insists that the dispute should be handled in Russia.
Using your textbook, the Argosy University online library resources, and the Internet, research international law and its application to companies such as these.
Apply APA standards for writing style to your work.
Use the following file naming convention: LastnameFirstInitial_M1_A3.doc.
Respond to the following questions in your essay:
Submit your assignment to the Submissions Area by the due date assigned.
Assignment 3 Grading Critiria
Evaluated and explained the legal aspects of contracting internationally.
Explained the applicability of the arbitration clause in this setting.
Applied the legal principles to the facts to describe potential outcomes.
Supported statements with reasons and research.
Applied APA standards for editorial style, expression of ideas, and format of text, citations, and references.
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Mondo Snow Removal S Cost Formula For Its Vehicle Operating Cost Is 1 340 Per Mo
/in Uncategorized /by developerMondo Snow Removal’s cost formula for its vehicle operating cost is $1,340 per month plus $630 per snow-day. For the month of January, the company planned for activity of 29 snow-days, but the actual level of activity was 33 snow-days. The actual vehicle operating cost for the month was $21,790. The activity variance for vehicle operating cost in January would be closest to:
$2,520U
$2,180F
$2,180U
$2,520F
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Monetary Unit Sampling Should Not Be Used If
/in Uncategorized /by developerMonetary-unit sampling should not be used if :The population includes several large items orThe auditor expects overstatement errors orMany errors are expected orNo items in the account have zero balances
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Monetaryamp Financial Macro 2011 Homework 1 The Due Date For This Homework Is Th
/in Uncategorized /by developer2. Suppose the consumption of gold o¤ers people a marginal utility that diminishes as thatperson consumes more gold. Assume also that gold can be mined in unlimited amounts atthe constant marginal cost, , units of the non-gold consumption good.a. Can the trading value of gold exceed in equilibrium? Explain. What is the e¤ect ongold consumption and mining of an increased use of gold as money?b. Suppose instead that the marginal mining cost increases with the amount mined. Whatis now the e¤ect on gold consumption and mining of an increased use of gold as money?
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Money Inc A Calendar Year S Corporation In Denton Texas Has Two Unrelated Shareh 1
/in Uncategorized /by developerMoney, Inc., a calendar year S corporation in denton, Texas, has two unrelated shareholders, each owning 50 % of the stock. Bth shareholders have a 400k stock basis as of 1/1/10. At the beginning of 2010 Money has AAA of 300k and AEP of 600k. During 2010 Money has operating income of 100k. At the end of the year Money distributes securities worth 1 million with an adjusted basis of 800k. Determine the tax effect.
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Money Industries Sold The Following Business Assets During The Current Year Mach
/in Uncategorized /by developerbuilding
Proceeds
cost basis
-accumulated depreciation
adjusted tax basis
total gain(loss)
1231 gain(loss)
ordinary 1245
ordinary 1250
ordinary 291
Money had $15,000 of nonrecaptured §1231 losses in the prior 5 years. How much capital gain (if any) does Money report after the §1231 netting process? How much ordinary gain (if any) does Money report on its tax return?
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Money Is Created Through The Banking Processes Of Taking Deposits And Making Loa
/in Uncategorized /by developerMoney is created through the banking processes of taking deposits and making loans if
the banks require individual depositors to hold “reserves.”
the banks require individual borrowers to hold “reserves.”
paper deposit receipts are not acceptable means of payment.
paper deposit receipts are accepted as a means of payment.
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Money Solves The Problem Of Double Coincidence Of Wants That Would Regularly Occ
/in Uncategorized /by developer1.Money solves the problem of double coincidence of wants that would regularly occur under a system of A.credit cards B. Debit cards C. Money or D.Barter
2. Credit Cards. Credit cards are not considered part of the money supply because:
A.
they are a unit of account.
B.
they represent a store of value.
C.
they are a loan which you have to use money to pay for later.
D.
they make it easier to conduct business.
3. Currency and Underground Economy. People that engage in illegal transactions prefer to use currency relative to other forms of money. Which of the following is not a reason illegal transactions are usually made in currency?
A.
Currency can be used to make other transactions.
B.
It is not easy to track transactions made with currency.
C.
People know the value of currency.
D.
It is easy to track transactions made with currency.
4. If the reserve ratio is
0.20
and a deposit of
$200
is placed into a bank, that bank can lend out
$nothing
.
5. Money Market Mutual Funds, Banks, and Reserves. Money market mutual funds typically invest in government securities and other financial instruments that can be easily bought and sold. They are not subject to reserve requirements and, in fact, hold minimal reserves. Banks, on the other hand, make loans to businesses for investment purposes.
Prior to 2008, banks did not normally earn interest on reserves.
Suppose that banks still do not earn any interest on reserves. If there were no reserve requirements for banks, how do you think their reserve holdings would compare to money market mutual funds?
A.
The level of bank reserve holdings would be similar to those held by money market mutual funds since banks can earn more money by keeping reserves at minimal levels.
B.
The level of bank reserve holdings would be lower than those held by money market mutual funds since banks can borrow from each other.
C.
The level of bank reserve holdings would still be higher than those held by money market mutual funds since banks have to provide funds to depositors.
D.
The level of bank reserve holdings would be higher than those held by money market mutual funds since bank lending is riskier than investments of money market mutual funds.
6. If a bank has
$ 50
billion in demand deposits and required reserves are
8
%,
the maximum amount of money it can lend is
$nothing
billion.
7. The Treasury Secretary and the Fed. Occasionally, some economists or politicians suggest that the Secretary of the Treasury become a member of the Federal Open Market Committee. This would most likely
▼
increase
decrease
have no impact on
the independence of the Federal Reserve.
8. Where Should Regional Banks Be Located Today? Given the changes in the location of economic activity that have occurred since the founding of the Federal Reserve, how would the location of the regional banks change if they were allocated by economic activity?
The locations of the banks and the branches would be
▼
the same
different
since economic activity has geographically shifted. There would probably be more banks in the
▼
West
East
,
and the
▼
Philadelphia
Cleveland
San Francisco
district would be smaller, or have more banks.
9. Which of the following is NOT a function of the Federal Reserve?
A.
conducting monetary policy
B.
lending money to individuals who can not receive loans from anyone else
C.
ensuring check clearing
D.
distributing new currency for the U.S. Treasury Department, which prints it
10. In the banking system, when clearing checks, the difference between the Federal Reserve’s credits and debits is the:
A.
liability.
B.
money.
C.
reserve.
D.
float.
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Money Submit A 250 300 Word Response To The Following Money Acts As A Unit Pf A
/in Uncategorized /by developerMONEYSUbmit a 250-300 word response to the following:-money acts as a unit pf account, medium of exchange, or a store of value, Describe each of these different functions.Provide an example of your use of money in each of these different functions.
money acts as a unit pf account, medium of exchange, or a store of value, Describe each of these different functions.Provide an example of your use of money in each of these different functions….
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Mongkut Lives On A Farm On His Farm He Grows Vegetables And Raises Animals To Be
/in Uncategorized /by developer1. Mongkut lives on a farm. On his farm, he grows vegetables and raises animals to be used for meat. He consumes some of his output and trades the rest. In the current period his farm yielded 30 kg of vegetables and 10 kg of meat. For Mongkut, and his trading partners in the nearby villages, types of meat are perfect substitutes for each other, and types of vegetables ae perfect substitutes with each other. Currently, both 1kg of mixed vegetables and 1kg of mixed meats are priced at 5 units of the local currency.
(a) What is the value of Mongkut’s endowment? Show his budget constraint.
(b) Mongkut has his own ideas about the meaning of a ‘balanced’ diet and will only eat vegetables and meat in a 1:1 ratio. What are the quantities in his optimal bundle? What are his net demands? Illustrate his preferences and optimal choice.
(c) Imagine that before Mongkut got to trade, the price of meat increased to 15 while the price of vegetables stayed at 5. How would this effect his gross and net demands? Illustrate.
(d) What is the size of the substitution effect on the demand for meat? The ordinary income effect? The endowment income effect?
(e) How would this case be different if Mongkut was always happy to swap 1 kg of vegetables for 1 kg of meat in consumption?
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