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Considering the following data (expressed in billions of Canadian dollars), calculate M1+ +, M2, M2+, and M2++. K 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 $ billion. M2 is $ billion. M2+ is $ billion. M2++ is $ billion. 100 500 570 230 550 650 600 1,100 30 600 900 1,100 3

Considering the following data (expressed in billions of Canadian dollars), calculate M1+ +, M2, M2+, and M2++. K 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 $ billion. M2 is $ billion. M2+ is $ billion. M2++ is $ billion. 100 500 570 230 550 650 600 1,100 30 600 900 1,100 3

Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
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Considering the following data (expressed in billions of Canadian dollars), calculate M1+ +, M2, M2+, and M2++. K 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 $ billion. M2 is $ billion. M2+ is $ billion. M2++ is $ billion. 100 500 570 230 550 650 600 1,100 30 600 900 1,100 3
Transcribed Image Text:Considering the following data (expressed in billions of Canadian dollars), calculate M1+ +, M2, M2+, and M2++. K 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 $ billion. M2 is $ billion. M2+ is $ billion. M2++ is $ billion. 100 500 570 230 550 650 600 1,100 30 600 900 1,100 3
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