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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ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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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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