Billions of Item Dollars Checkable Deposits Small Time Deposits Currency Held by the Public Savings Deposits, Including Money-Market Deposit Accounts Money-Market Mutual Funds Held by Individuals Money-Market Mutual Funds Held by Businesses $2,000 350 250 1,300 600 700 The accompanying table contalns hypothetical data for an economy. The size of the M1 money supply is Multiple Cholce $2.250 billion. $2.000 billion. $250 billion. $2.850 billion. $2.600 billion.
Billions of Item Dollars Checkable Deposits Small Time Deposits Currency Held by the Public Savings Deposits, Including Money-Market Deposit Accounts Money-Market Mutual Funds Held by Individuals Money-Market Mutual Funds Held by Businesses $2,000 350 250 1,300 600 700 The accompanying table contalns hypothetical data for an economy. The size of the M1 money supply is Multiple Cholce $2.250 billion. $2.000 billion. $250 billion. $2.850 billion. $2.600 billion.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Billions of
Item
Dollars
Checkable Deposits
$2,000
Small Time Deposits
350
Currency Held by the Public
250
Savings Deposits, Including Money-Market Deposit Accounts
Money-Market Mutual Funds Held by Individuals
Money-Market Mutual Funds Held by Businesses
1,300
600
700
The accompanying table contalns hypothetical data for an economy. The size of the M1 money supply Is
Multiple Cholce
$2.250 billion.
$2.000 billion.
$250 billion.
$2.850 billion.
$2,600 billion.
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