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Given the following information, what are the values of M1 and M2? Small time deposits Demand deposits and other checkable deposits Savings deposits Money market mutual funds Travelers' checks Large time deposits Currency Miscellaneous categories in M2 = M1 $400 billion, M2 = $2,475 billion. M1 $425 billion, M2 = $2, 450 billion. = M1 $125 billion, M2 = $3,025 billion. = M1 $425 billion, M2 = $1,875 billion. = $650 billion $300 billion $750 billion $600 billion $25 billion $600 billion $100 billion $25 billion

Given the following information, what are the values of M1 and M2? Small time deposits Demand deposits and other checkable deposits Savings deposits Money market mutual funds Travelers' checks Large time deposits Currency Miscellaneous categories in M2 = M1 $400 billion, M2 = $2,475 billion. M1 $425 billion, M2 = $2, 450 billion. = M1 $125 billion, M2 = $3,025 billion. = M1 $425 billion, M2 = $1,875 billion. = $650 billion $300 billion $750 billion $600 billion $25 billion $600 billion $100 billion $25 billion

Economics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter13: Money And The Banking System
Section: Chapter Questions
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Given the following information, what are the values of M1 and M2? Small time deposits Demand deposits and other checkable deposits Savings deposits Money market mutual funds Travelers' checks Large time deposits Currency Miscellaneous categories in M2 M1 $400 billion, M2 = $2,475 billion. = M1 = $425 billion, M2 = $2, 450 billion. M1 $125 billion, M2 = $3,025 billion. M1 = $425 billion, M2 = $1,875 billion. $650 billion $300 billion $750 billion $600 billion $25 billion $600 billion $100 billion $25 billion
Transcribed Image Text:Given the following information, what are the values of M1 and M2? Small time deposits Demand deposits and other checkable deposits Savings deposits Money market mutual funds Travelers' checks Large time deposits Currency Miscellaneous categories in M2 M1 $400 billion, M2 = $2,475 billion. = M1 = $425 billion, M2 = $2, 450 billion. M1 $125 billion, M2 = $3,025 billion. M1 = $425 billion, M2 = $1,875 billion. $650 billion $300 billion $750 billion $600 billion $25 billion $600 billion $100 billion $25 billion
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