(Table: Monetary Aggregates II) Use Table: Monetary Aggregates II. The value of M2 is: Table: Monetary Aggregates II Monetary Aggregates (in billions) Currency in circulation $700 Money market funds 550 Time deposits 800 Savings deposits 1,110 Checkable bank deposits 380 Traveler's checks American Express gift cards 15 25 $3,005 billion. O $3,540 billion. O $3,555 billion. O $2,205 billion.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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(Table: Monetary Aggregates II) Use Table: Monetary Aggregates II. The value of M2 is:
Table: Monetary Aggregates II
Monetary Aggregates (in billions)
Currency in circulation
$700
Money market funds
550
Time deposits
800
Savings deposits
1,110
Checkable bank deposits
380
Traveler's checks
15
American Express gift cards
25
O $3,005 billion.
O $3,540 billion.
O $3,555 billion.
O $2,205 billion.
Transcribed Image Text:(Table: Monetary Aggregates II) Use Table: Monetary Aggregates II. The value of M2 is: Table: Monetary Aggregates II Monetary Aggregates (in billions) Currency in circulation $700 Money market funds 550 Time deposits 800 Savings deposits 1,110 Checkable bank deposits 380 Traveler's checks 15 American Express gift cards 25 O $3,005 billion. O $3,540 billion. O $3,555 billion. O $2,205 billion.
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