Typically,when Someone Borrows Money from a Bank,M2 ________,Because ________

question 88

Multiple Choice

Typically,when someone borrows money from a bank,M2 ________,because ________.

• A)increases;the money is held for a while in a liquid form
• B)decreases;the money is held for a while in a liquid form
• C)does not change;the loan affects only the subcategories within M2
• D)decreases;of the decline in the bank's vault cash
• E)none of the above

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Definitions:

Direct Labor Budget

A financial plan that estimates the cost of direct labor needed to meet production needs within a specific timeframe.

Direct Labor-Hour

A measure of the amount of time workers spend directly working on manufacturing a product or providing a service.

Labor Rate

The cost per hour that a company pays for labor, often used in calculating the total labor cost of a project or production.

Selling and Administrative Expense Budget

outlines predicted selling expenses and administrative costs for a future period.