The value of M3 is $17,000 and the value of net time deposit with banks is $9,000 Find the value of M1

Q: For the following list of items, indicate if they are in M1, M2, or neither: a. Your $5,000 line of…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub- parts…

Q: If I own Hawkins Savings and Loan, and a customers makes a $8,000 deposit, what is the total amount…

A: Reserve requirement ratio is the portion of total liability which should be kept. Given information…

Q: Banks may money out of other people's money. True False

A: The banks can generate money from people money and this can be done in many ways, one way is to use…

Q: Coins and bank notes in circulation (Rm) Year Demand deposits Short-term and medium-term deposits…

A: Measures of Money Supply : M1 for 2007 = Currency in circulation + Demand Deposits + Other Deposits(…

Q: Calculate net time deposit with banks if M3 is $22,000 and M1 is $6500

A: The data presented in the question above:- M3 = $22,000 million M1 = $6500 million Net time deposit…

Q: The Value of M1 is $16,000 and M2 is $20,000 Find the value of savings deposit with post office…

A: According to the above given question, the values given are:- M1 = $16,000 M2 = $20,000  We have to…

Q: If the desired reserve ratio in a country is equal to 5% and the cash drain ratio is 30%, a deposit…

A: Required reserves is the portion of the deposits that a bank is supposed to keep with themselves and…

Q: Calculate M1 if M3 is $20,000 and net time deposit with banks is $17,000

A: The data presented in the question above is:- M3 = $20,000 Net time deposit with banks = $17,000 We…

Q: one method to spend more money is to deduct an amount automatically from your salary in a direct…

A: The direct deposit system refers to the system that allows banks to transfer a specific amount…

Q: The total amount of U.S. currency in circulation divided by the U.S. population comes out to about…

A: The aggregate volume of money available in an economic region at a point in time constitutes its…

Q: calculate the value of money multiple if legal reserve ratio is 12.5%

A: # Money multiplier is the reciprocal of the reserve ratio. The reason behind this is that if the…

Q: Find the required reserve if the excess reserve is $600 and the actual reserve is $100

A: In the given question Excess reserve = $600 Actual reserve = $100 Required reserve value needed =?

Q: Calculate net time deposit with banks if M3 is $25,000 and M1 is $11,000

A: Money Supply: - In an economy, the total value of money in circulation at a point in time is known…

Q: calculate M4 if M3 is $20,000 and Total deposit with post office is $13,000

A: The data presented in the question above:- M3 = $20,000 Total deposit with post office = $13,000 M4…

Q: An ice-cream parlour in Rome operates in a perfectly competitive market. For the ice-cream seller…

A: A perfectly competitive market is one that has a large number of buyers and sellers, selling…

Q: total deposit with post office is $31,000 and M4 is $19,000 Calculate M3

A: M1 = Currency + Demand Deposits M2 = M1 + Savings deposits with Post Office savings banks M3 = M1 +…

Q: Calculate the initial deposit if total money creation is $25,000 and the legal reserve ratio is 18%

A: The information being given is:- Total money creation in the economy = $25,000  Legal reserve ratio…

Q: The value of M2 is $6400 and the value of M1 is $3300 Calculate the value of savings deposit with…

A: The given information is as follows:- M2 components of money supply= $6400 M1 component of money…

Q: The economy of Greatstown currently has $60.00 million worth of currency in circulation, $2.00…

A: M1 money supply has the following components.  Currency in circulation.  Checkable deposit…

Q: Views on electronic money, or e-money, and digital cash

A: Money is a medium of exchange and is accepted as payment of any product or service.

Q: M1 includes currency, checkable deposits, and traveler's checks, but M2 does not include M1 in any…

A: False. M2 includes M1 along with savings and time deposits,  money market funds and certificates of…

Q: What is legal tender money plus What is fiduciary money?

A: Money: - money is an object that measures the value of goods and services in an economy and also…

Q: Calculate M2 if :- M1 = $7500 million Saving deposit with post office Savings bank = $3300 million

A: The data presented in the question above is:- M1 = $7500 million Savings deposit with post office…

Q: What is the difference between book money and paper money?

A: Barter system is a demonstration of exchanging labor and products between at least two gatherings…

Q: A space colony on the moon initially used moon rocks as currency, but they became heavy and…

A: Introduction  As a means of economic exchange, money is a good that is widely acknowledged. It…

Q: By using the table, Commercial Bank Balance Sheet Assets (S) Liabilities (S) Vault Cash 8000…

A: 1. Reserve ratio: It is the portion of the total deposit that the banks have to hold with…

Q: How can cryptocurrency's advantage and disadvantages help the economy

A: Cryptocurrencies are digital assets and decentralised systems that enable secure online…

Q: Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both,…

A: The commodity that is accepted as a medium of exchange in the market is known as money. It is used…

Q: what will be the value of M3 when M4 is 50 and the total deposit with post savings are 10

A: As per the question Money value of M4 = 50 Total deposit with post saving = 10 M3 =?

Q: John deposits $1,800 into his checking account. If the reserve ratio is 10%, what are the required…

A: When an individual puts his deposit into hie bank account, his money is further used by bank as an…