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Suppose that a small country currently has $4 million of currency in circulation, $6 million of checkable deposits, $200 million of savings deposits, $40 million of small-denominated time deposits, and $30 million of money market mutual fund deposits. From these numbers we see that this small country's M money supply is. while its M2 money supply is $10 million; $280 million $210 million $280 million $10 million; $270 million $250 million; $270 million

Suppose that a small country currently has $4 million of currency in circulation, $6 million of checkable deposits, $200 million of savings deposits, $40 million of small-denominated time deposits, and $30 million of money market mutual fund deposits. From these numbers we see that this small country's M money supply is. while its M2 money supply is $10 million; $280 million $210 million $280 million $10 million; $270 million $250 million; $270 million

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Suppose that a small country currently has $4 million of currency in circulation, $6 million of checkable deposits, $200 million of savings deposits, $40 million of small-denominated time deposits, and $30 million of money market mutual fund deposits. From these numbers we see that this small country's Mt money supply is. while its M2 money supply is $10 million: $280 million $210 million: $280 million $10 million; $270 million $250 million; $270 million
Transcribed Image Text:Suppose that a small country currently has $4 million of currency in circulation, $6 million of checkable deposits, $200 million of savings deposits, $40 million of small-denominated time deposits, and $30 million of money market mutual fund deposits. From these numbers we see that this small country's Mt money supply is. while its M2 money supply is $10 million: $280 million $210 million: $280 million $10 million; $270 million $250 million; $270 million
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