Answered: In an economy, the M2 measure of money…

In an economy, the M2 measure of money supply is $88,000 and M1 is $66,000 We have to calculate Saving deposit with post office saving bank

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter25: Money, Banking, And The Federal Reserve System

Section: Chapter Questions

Problem 7P

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In an economy, the M2 measure of money supply is $88,000 and M1 is $66,000

We have to calculate Saving deposit with post office saving bank

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