In Maladonia in 2019, currency held by individuals and businesses was $1,122 billion; traveler's checks in circulation were $5 billion; checkable deposits owned by individuals and businesses were $1,396 billion; small time deposits were $568 billion; money market funds and other deposits were $652 billion; and M2 was.$10,600 billion. Calculate saving deposits in Maladonia in 2019. O $6,857 billion. O $3,523 billion. O $2.523 billion. O $5,857 billion. O $3,287 billion.
In Maladonia in 2019, currency held by individuals and businesses was $1,122 billion; traveler's checks in circulation were $5 billion; checkable deposits owned by individuals and businesses were $1,396 billion; small time deposits were $568 billion; money market funds and other deposits were $652 billion; and M2 was.$10,600 billion. Calculate saving deposits in Maladonia in 2019. O $6,857 billion. O $3,523 billion. O $2.523 billion. O $5,857 billion. O $3,287 billion.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:In Maladonia in 2019, currency held by individuals and businesses was $1,122 billion; traveler's checks in circulation were
$5 billion; checkable deposits owned by individuals and businesses were $1,396 billion; small time deposits were $568
billion; money market funds and other deposits were $652 billion; and M2 was, $10,600 billion.
Calculate saving deposits in Maladonia in 2019.
O $6,857 billion.
O $3,523 billion.
O $2.523 billion.
O $5,857 billion.
O $3,287 billion.
4
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