The table below provides data for a hypothetical economy. Total value of corporate shares Currency outside chartered banks Chequable notice deposits at chartered banks Publicly held demand deposits at chartered banks Federal government bonds Other liquid assets included in M2+ Nonpersonal term and foreign-currency deposits at chartered banks Personal term deposits at chartered banks Non cheguabla $500 billion $42 billion $102 billion $45 billion $637 billion $32 billion $268 billion. $134 billion
The table below provides data for a hypothetical economy. Total value of corporate shares Currency outside chartered banks Chequable notice deposits at chartered banks Publicly held demand deposits at chartered banks Federal government bonds Other liquid assets included in M2+ Nonpersonal term and foreign-currency deposits at chartered banks Personal term deposits at chartered banks Non cheguabla $500 billion $42 billion $102 billion $45 billion $637 billion $32 billion $268 billion. $134 billion
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
9
![The table below provides data for a hypothetical economy.
Total value of corporate shares
Currency outside chartered banks
Chequable notice deposits at chartered banks
Publicly held demand deposits at chartered banks
Federal government bonds
Other liquid assets included in M2+
Nonpersonal term and foreign-currency deposits at chartered banks
Personal term deposits at chartered banks
Non-chequable notice deposits at chartered banks
Chequable no ce deposits at near banks
Personal term deposits at near banks
Non-chequable notice deposits at near banks
Based on this data:
a. M1+ is $ 278 billion.
b. M2 is $
c. M3 is $
d. M2+ is $
billion.
billion.
billion.
h
$500 billion
$42 billion
$102 billion
$45 billion
$637 billion
$32 billion
$268 billion.
$134 billion
$94 billion
$89 billion
$114 billion
$74 billion](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F31702fc5-0793-46cc-9911-6b5555baf359%2Ffd3d049e-2e86-44fc-9a2a-9d55bbc5a5a0%2Fbfdsr9f_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The table below provides data for a hypothetical economy.
Total value of corporate shares
Currency outside chartered banks
Chequable notice deposits at chartered banks
Publicly held demand deposits at chartered banks
Federal government bonds
Other liquid assets included in M2+
Nonpersonal term and foreign-currency deposits at chartered banks
Personal term deposits at chartered banks
Non-chequable notice deposits at chartered banks
Chequable no ce deposits at near banks
Personal term deposits at near banks
Non-chequable notice deposits at near banks
Based on this data:
a. M1+ is $ 278 billion.
b. M2 is $
c. M3 is $
d. M2+ is $
billion.
billion.
billion.
h
$500 billion
$42 billion
$102 billion
$45 billion
$637 billion
$32 billion
$268 billion.
$134 billion
$94 billion
$89 billion
$114 billion
$74 billion
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