Calculate M1 if M3 is $20,000 and net time deposit with banks is $17,000

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter19: Money Creation
Section: Chapter Questions
Problem 7SQ
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 Calculate M1 if M3 is $20,000 and net time deposit with banks is $17,000

 

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