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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

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter27: Money And Banking
Section: Chapter Questions
Problem 4SCQ: For the following list of items, indicate If they are in M1, M2, or neither: Your 5,000 line of...
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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
Transcribed Image Text: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
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