Considering the following data (expressed in billions of Canadian dollars), calculate M1++, M2, M2+, and M2 + + Currency outside banks Personal nonchequable deposits in chartered banks only Personal fixed-term deposits at chartered banks only Personal chequable deposits at chartered banks only Nonpersonal fixed-term deposits Foreign currency deposits Nonbank deposits Chequable deposits at chartered banks and near-banks Money market mutual funds (MMMFS) Nonchequable deposits at chartered banks and near-banks Nonpersonal demand and notice deposits at chartered banks only Non-money market mutual funds Canada Savings Bonds and other retail instruments M1++ is $ M2 is S billion. M2+ is $ billion M2++ is $ billion. billion 300 600 320 280 650 450 700 1,100 80 700 800 1,100 2

Considering the following data (expressed in billions of Canadian dollars), calculate M1++, M2, M2+, and M2 + + Currency outside banks Personal nonchequable deposits in chartered banks only Personal fixed-term deposits at chartered banks only Personal chequable deposits at chartered banks only Nonpersonal fixed-term deposits Foreign currency deposits Nonbank deposits Chequable deposits at chartered banks and near-banks Money market mutual funds (MMMFS) Nonchequable deposits at chartered banks and near-banks Nonpersonal demand and notice deposits at chartered banks only Non-money market mutual funds Canada Savings Bonds and other retail instruments M1++ is $ M2 is S billion. M2+ is $ billion M2++ is $ billion. billion 300 600 320 280 650 450 700 1,100 80 700 800 1,100 2

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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