QUESTION 17 Table 30-2 The information in the following table pertains to the hypothetical economy of Florencial. Type of Money Amount (Billions of dollars) Large time deposits 120 Small time deposits 80 Demand deposits 300 Other checkable deposits 50 Savings deposits 65 Money market mutual funds 200 Currency 150 Credit card balances 300 Miscellaneous categories of M2 30 Refer to Table 30-2. What is the M2 money supply in Florencial? Oa. $1,300 billion Ob. $875 billion Oc. $1,000 billion Od. $580 billion
QUESTION 17 Table 30-2 The information in the following table pertains to the hypothetical economy of Florencial. Type of Money Amount (Billions of dollars) Large time deposits 120 Small time deposits 80 Demand deposits 300 Other checkable deposits 50 Savings deposits 65 Money market mutual funds 200 Currency 150 Credit card balances 300 Miscellaneous categories of M2 30 Refer to Table 30-2. What is the M2 money supply in Florencial? Oa. $1,300 billion Ob. $875 billion Oc. $1,000 billion Od. $580 billion
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter21: The Monetary System
Section: Chapter Questions
Problem 3PA
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