Examlex

Solved

(Table: Money Measure Components, June 2010) Based on the Table Money Measure Components, June 2010\text {Money Measure Components, June 2010}

question 175

Multiple Choice

(Table: Money Measure Components, June 2010) Based on the table, the near monies for June 2010 amounted to: Money Measure Components, June 2010\text {Money Measure Components, June 2010}
 Money Component  Amount ($ billions)   Currency 883.6 Traveler’s checks 4.8 Demand deposits 467.0 Savings deposits 5,086.1 Small-denomination time deposits 1,054.0 Other checkable deposits 382.0 Retail money funds* 746.6\begin{array} { l c } \text { Money Component } & \text { Amount (\$ billions) } \\ \text { Currency } & 883.6 \\ \text { Traveler's checks } & 4.8 \\ \text { Demand deposits } & 467.0 \\ \text { Savings deposits } & 5,086.1 \\ \text { Small-denomination time deposits } & 1,054.0 \\ \text { Other checkable deposits } & 382.0 \\ \text { Retail money funds* } & 746.6 \end{array}
*Includes money market accounts and money market mutual fund accounts\text {*Includes money market accounts and money market mutual fund accounts}


Definitions:

Low-Dividend Policy

A financial strategy where a company decides to distribute a relatively small portion of its earnings to shareholders in the form of dividends.

Retention Ratio

The proportion of net income that is retained in the business rather than paid out to shareholders as dividends.

Compromise Policy

A method or strategy of resolving a conflict or dispute whereby all parties involved make concessions.

Financial Distress

A situation where a company cannot meet or has difficulty paying off its financial obligations to its creditors.

Related Questions