In Maldonia in 2019, traveler's checks in circulation were $8 billion; checkable deposits owned by individuals and businesses were $651 billion; M1 was $1,326 billion; savings deposits were $3,279 billion; small time deposits were $803; andmoney market funds and other deposits were $761 billion.Calculate currency held by individuals and businesses in Maldonia in 2019. Calculate M2 in Maldonia in 2019.In Maldonia in 2019, currency held by individuals and businesses was $ billion.M2 in Maldonia in 2019 was $ billion.2000EnterA étv AAaAPR15MacBook AirDIIDDF11F12000D00F10F9吕0F7F8F6F5F4escF2F3F1&%delete!@#78346.12{PY[QWERtabJKSDFGАps lock?B N+ I|云*%24...

Currency is the medium by which the products and services are exchanged between two parties.

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In Maldonia in 2019, currency held by individuals and businesses was $ billion. M2 in Maldonia in 2019 was $ billion.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

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Question

In Maldonia in 2019, traveler's checks in circulation were $8 billion; checkable deposits owned by individuals and businesses were $651 billion; M1 was $1,326 billion; savings deposits were $3,279 billion; small time deposits were $803; and
money market funds and other deposits were $761 billion.
Calculate currency held by individuals and businesses in Maldonia in 2019. Calculate M2 in Maldonia in 2019.
In Maldonia in 2019, currency held by individuals and businesses was $ billion.
M2 in Maldonia in 2019 was $ billion.
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