4. The table below indicates the current values of various money accounts. All figures are denominated in billions of dollars.Current DollarsCurrent Dollars(in billions)Category(money account)Currency outside banksTravellers' chequesCanada Savings BondsTrust, mortgago, and credit unionCategory(money account)Chequable depositsNonpersonal notice doposits(in billions)78530035730600120Savings deposits1,213depositsMoney market mutual fundsCredit card debt3,089518824375Cash in bank vaultsShort term Treasury securitiesThe value of M1+ is $. (Round your answer to the nearest dollar.)The value of M2+ is $(Round your answer to the nearest aQuestion ViewerThe value of M2++ is $(Round your answer to the nearest dollar.)

Given: Currency outside banks=$357 Travelers cheques=$30

The table below indicates the current valuos of various money accounts. All figures are denominated in billions of dollars. Current Dollars (in billions) Current Dollars (in billions) 357 Category (money account) Chequable deposits Nonpersonal notice doposits Category (money account) 785 Currency outside banks Travellers' cheques Canada Savings Bonds Trust, mortgago, and credit union doposits Money market mutual funds Credit card debt 300 30 600 120 Savings doposits 1,213 824 375 Cash in bank vaults 3,089 518 Short torm Treasury securities The value of M1+ is $. (Round your answer to the nearest dollar.) The value of M2+ is $ (Round your answer to the nearest a Question Viewer The value of M2++ is $ (Round your answer to the nearest dollar.)

The table below indicates the current valuos of various money accounts. All figures are denominated in billions of dollars. Current Dollars (in billions) Current Dollars (in billions) 357 Category (money account) Chequable deposits Nonpersonal notice doposits Category (money account) 785 Currency outside banks Travellers' cheques Canada Savings Bonds Trust, mortgago, and credit union doposits Money market mutual funds Credit card debt 300 30 600 120 Savings doposits 1,213 824 375 Cash in bank vaults 3,089 518 Short torm Treasury securities The value of M1+ is $. (Round your answer to the nearest dollar.) The value of M2+ is $ (Round your answer to the nearest a Question Viewer The value of M2++ is $ (Round your answer to the nearest dollar.)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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