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 2010 2011 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 2010 2011 915 920 690 688 810 4 1,980 2009 900 680 5,300 5,580 5,768 5,905 1,205 1,236 1,265 1,320 1,000 972 980 993 841 1,103 1,546 4 3 2 2,368 2,430 2,496 2012 926 697

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 2010 2011 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 2010 2011 915 920 690 688 810 4 1,980 2009 900 680 5,300 5,580 5,768 5,905 1,205 1,236 1,265 1,320 1,000 972 980 993 841 1,103 1,546 4 3 2 2,368 2,430 2,496 2012 926 697

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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