Credits: Board of Governors of the Federal Reserve System (US), Total Assets, All Commercial Banks, Total Liabilities, All Commercial Banks, and Deposits, All Commercial Banks, retrieved from FRED, Federal Reserve Bank of St. Louis 1st attempt Part 1 (1 point)See Hint From 1975 to 2018, the M1 money supply increased by $ . Part 2 (1 point)See Hint From 1975 to 2018, the non-M1 components of M2 increased by $ . Part 3 (1 point)See Hint Over time, M2 has become a better measure of our economy’s medium of exchange than M1 on account of Choose one or more: A. the increased use of ATMs. B. the increased use of debit cards. C. people not using currency to make purchases as much as they used to. D. None of these answers are correct.

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.

Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?