Item Billions of Dollars Money market mutual $50 funds Currency in the hands of the public 650 Small denomination time 25 deposits Checkable deposits in 700 the hands of the public Money market deposit 430 accounts Referring to the above table, the size of the M1 money supply is $1,350 billion. O True O False
Item Billions of Dollars Money market mutual $50 funds Currency in the hands of the public 650 Small denomination time 25 deposits Checkable deposits in 700 the hands of the public Money market deposit 430 accounts Referring to the above table, the size of the M1 money supply is $1,350 billion. O True O False
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Item
Billions of Dollars
Money market mutual
$50
funds
Currency in the hands of
650
the public
Small denomination time
25
deposits
Checkable deposits in
700
the hands of the public
Money market deposit
430
accounts
Referring to the above table, the size of the M1 money supply is $1,350 billion.
O True
O False
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