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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

!
Economics In Kentucky, the quantity of money is $160 billion, the current drain ratio is 25% of deposits, and the reserve ratio is 4% of deposits. What is the value of the monetary base in Kentuckty? А. $40.2 billion В. $35.6 billion С. $37.1 billion D. $39.9 billion
Pls help with below homework. Money Demand in Ethiopia is L=0.3Y-45i where Y is Real GDP and i is the interest rate, currently at 2.5%. If the current level of Real GDP is 48.2, what is the current level of MD in Ethiopia?
Which of the following statements relates to the Unit of Account function of money? O Money facilities lending and borrowing. O Money allows individuals and households to save income. O Money allows us to list a single monetary price for goods and services. O Money solves the double coincidence of wants.
The graph below shows the monetary rule curve for the country of HOYA. According to this rule, the Central Bank will react to a rise in the current inflation rate from 0.5% to 1.5% by 1.8 1.6 1.4 1.2 1 0.8 0.6 0.4 0.2 0.2 0.4 0.6 0.8 1.2 1.4 1.6 1.8 inflation (n) Real federal funds rate (R) 2.
buy: falls .d O Sarafına withdraws $450 from her saving account and places the money in her wallet. This transaction will إختن أحد الخيارات .not change M1 and decrease M2 a O .increase M1 and not change M2 b O increase both M1 and M2 .cO .decrease both M1 and M2dO 27 The direct exchange of goods and services for other goods and services is known as إختر أحد الخيارات 10 .barter a O purchasing power .b O intermediation .cO .wholesaletrade .d O 2 44
In an economy, savings deposits are $10,000 billion, currency is $1,500 billion, checkable deposits are $4,000 billion, money market funds and other deposits are $1,000 billion, and small time deposits are $200 billion. What are the values of M1 and M2? M1 is _______ and M2 is _______. A. $16,700 billion; $5,500 billion B. $5,500 billion; $16,700 billion C. $15,500 billion; $6,700 billion D. $1,500 billion; $20,700 billion
Please answer fast
In an economy, the banks prefer to keep 25% of their deposits in reserve. The population likes to keep their currency holdings equal to 10% of the deposits. Initially, there was zero money in the economy. Then the central bank buys $120 worth of T-bills from a household. The household receives $120 on its checking account. 1. the commercial bank formed reserves and gave out a loan. The population allocated the lent funds between the currency in pockets and checkable accounts. Before anything else happens, how much money is there in the economy at the end of Round 1? ANSWER: 288 For question 1 How is this answer obtained?, How would you solve question 2. 2. In Round 2, more lending, borrowing, and reserve formation takes place. How much is in DEPOSITS in the economy at the end of Round 2?
Suppose that the value of money multiplier is 5.5 in Country 1. The Central Bank of Country A made an open market operation in which it purchased 1021 TL worth of securities. What will be the amount of change in the quantity of money in the economy? 19:16 ✓
The higher are interest rates, the: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a MNY.21 Homework Unanswered Due Mar 17th, 11:59 PM b C higher the opportunity cost of holding currency. lower the opportunity cost of holding currency. the more expensive it is to buy bonds. the higher the demand for money.
Haley sells a share of stock and deposits the proceeds into her saving account at a bank. a. Her assets as M1- increases, decreases, or stays the same b. Her assets as M2 -increases, decreases, or stays the same c. Reserves at her bank- increases, decreases, or stays the same