Type of deposit/aggregate Amount (Rbn) Bank notes and coins 57 Short term deposits 82 Cheques and deposits 155 30-day deposits 28 60-day deposits 17 M3 432 Q.3.1.1 Calculate the value of M1. Q.3.1.2 Calculate the value of M2. Q.3.1.3 Calculate the value of long-term deposits. Q.3.1.4 Which one of the components of M3 is the largest?

Type of deposit/aggregate Amount (Rbn) Bank notes and coins 57 Short term deposits 82 Cheques and deposits 155 30-day deposits 28 60-day deposits 17 M3 432 Q.3.1.1 Calculate the value of M1. Q.3.1.2 Calculate the value of M2. Q.3.1.3 Calculate the value of long-term deposits. Q.3.1.4 Which one of the components of M3 is the largest?

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter21: The Monetary System

Section: Chapter Questions

Problem 1PA

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1.3
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