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
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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