Given the following information, what are the values of M1 and M2? Small time deposits Demand deposits and other checkable deposits Savings deposits Money market mutual funds Travelers' checks Large time deposits Currency Miscellaneous categories in M2 = M1 $400 billion, M2 = $2,475 billion. M1 $425 billion, M2 = $2, 450 billion. = M1 $125 billion, M2 = $3,025 billion. = M1 $425 billion, M2 = $1,875 billion. = $650 billion $300 billion $750 billion $600 billion $25 billion $600 billion $100 billion $25 billion
Given the following information, what are the values of M1 and M2? Small time deposits Demand deposits and other checkable deposits Savings deposits Money market mutual funds Travelers' checks Large time deposits Currency Miscellaneous categories in M2 = M1 $400 billion, M2 = $2,475 billion. M1 $425 billion, M2 = $2, 450 billion. = M1 $125 billion, M2 = $3,025 billion. = M1 $425 billion, M2 = $1,875 billion. = $650 billion $300 billion $750 billion $600 billion $25 billion $600 billion $100 billion $25 billion
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Transcribed Image Text:Given the following information, what are the values of M1 and M2?
Small time deposits
Demand deposits and other checkable
deposits
Savings deposits
Money market mutual funds
Travelers' checks
Large time deposits
Currency
Miscellaneous categories in M2
M1 $400 billion, M2 = $2,475 billion.
=
M1 = $425 billion, M2 = $2, 450 billion.
M1 $125 billion, M2 = $3,025 billion.
M1 = $425 billion, M2 = $1,875 billion.
$650 billion
$300 billion
$750 billion
$600 billion
$25 billion
$600 billion
$100 billion
$25 billion
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