Refer to the following table to answer the next three questions. Checkable deposits Currency Traveler's checks Money market mutual funds Small time deposits Savings deposits What is the value of M1? $1,284,000,000 $1,190,000,000 $1,355,000,000 $1,205,000,000 $1,219,000,000 $700,000,000 $490,000,000 $15,000,000 $65,000,000 $14,000,000 $271,000,000
Refer to the following table to answer the next three questions. Checkable deposits Currency Traveler's checks Money market mutual funds Small time deposits Savings deposits What is the value of M1? $1,284,000,000 $1,190,000,000 $1,355,000,000 $1,205,000,000 $1,219,000,000 $700,000,000 $490,000,000 $15,000,000 $65,000,000 $14,000,000 $271,000,000
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
![Question 42
Refer to the following table to answer the next three questions.
Checkable deposits
Currency
Traveler's checks
Money market mutual funds
Small time deposits
Savings deposits
What is the value of M2?
$1,540,000,000
O $1,555,000,000
$1,284,000,000
$393,000,000
$365,000,000
$700,000,000
$490,000,000
$15,000,000
$65,000,000
$14,000,000
$271,000,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbf842d35-a2e6-413e-9260-ef71aff9bd25%2F57847405-4438-4b4f-be78-2e58ce67ccdb%2Fnwb2e7o_processed.png&w=3840&q=75)
Transcribed Image Text:Question 42
Refer to the following table to answer the next three questions.
Checkable deposits
Currency
Traveler's checks
Money market mutual funds
Small time deposits
Savings deposits
What is the value of M2?
$1,540,000,000
O $1,555,000,000
$1,284,000,000
$393,000,000
$365,000,000
$700,000,000
$490,000,000
$15,000,000
$65,000,000
$14,000,000
$271,000,000
![Question 41
Refer to the following table to answer the next three questions.
Checkable deposits
Currency
Traveler's checks
Money market mutual funds
Small time deposits
Savings deposits
What is the value of M1?
$1,284,000,000
O $1,190,000,000
$1,355,000,000
$1,205,000,000
O $1,219,000,000
$700,000,000
$490,000,000
$15,000,000
$65,000,000
$14,000,000
$271,000,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbf842d35-a2e6-413e-9260-ef71aff9bd25%2F57847405-4438-4b4f-be78-2e58ce67ccdb%2Fkhwcdv9_processed.png&w=3840&q=75)
Transcribed Image Text:Question 41
Refer to the following table to answer the next three questions.
Checkable deposits
Currency
Traveler's checks
Money market mutual funds
Small time deposits
Savings deposits
What is the value of M1?
$1,284,000,000
O $1,190,000,000
$1,355,000,000
$1,205,000,000
O $1,219,000,000
$700,000,000
$490,000,000
$15,000,000
$65,000,000
$14,000,000
$271,000,000
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