The table to the right shows hypothetical values, in billions of dollars. Use the table to calculate the M1 and M2 money supply for each year. (Enter your responses rounded to the nearest dollar) Total M1 Total M2 2009 1924 10240 M1 Growth rate M2 Growth rate 2010 1906 10565 2011 1919 11055 Calculate the growth rates of the M1 and M2 money supply from the previous year. (Enter your responses rounded to one decimal place. Use a minus sign to enter negative numbers.) 2010 2011 2012 1936 11716 2012 A. Currency B. Money market mutual fund shares C. Saving account deposits D. Money market deposit accounts E. Demand and checkable deposits F. Small-denomination time deposits G. Traveler's checks H. 3-month Treasury bills 2009 920 676 2010 2011 2012 930 936 941 677 675 684 5,600 5,880 6,068 6,205 1,200 1,231 1,260 1,315 1,000 972 980 993 840 871 1,133 1,576 4 4 3 2 1,996 2,384 2,446 2,512

The table to the right shows hypothetical values, in billions of dollars. Use the table to calculate the M1 and M2 money supply for each year. (Enter your responses rounded to the nearest dollar) Total M1 Total M2 2009 1924 10240 M1 Growth rate M2 Growth rate 2010 1906 10565 2011 1919 11055 Calculate the growth rates of the M1 and M2 money supply from the previous year. (Enter your responses rounded to one decimal place. Use a minus sign to enter negative numbers.) 2010 2011 2012 1936 11716 2012 A. Currency B. Money market mutual fund shares C. Saving account deposits D. Money market deposit accounts E. Demand and checkable deposits F. Small-denomination time deposits G. Traveler's checks H. 3-month Treasury bills 2009 920 676 2010 2011 2012 930 936 941 677 675 684 5,600 5,880 6,068 6,205 1,200 1,231 1,260 1,315 1,000 972 980 993 840 871 1,133 1,576 4 4 3 2 1,996 2,384 2,446 2,512

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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