2. Determine whether each of the following is included in both M1 and M2 or M2 only: a. a Connecticut quarter b. a savings account at a local savings bank c. a share draft account at a credit union d. money market deposit accounts e. American Express travelers' checks

Give correct typing answer with explanation and conclusion

1.4

Suppose a nation's banking system has the following account Saving Account $1,200 Checking Account 810 Traveler's Check 35 240 1,090 Cash Credit Card Money Market Mutual Funds What's the value of M1 in this banking system? Your Answer: 910

Money Supply in Torania: Currency $13,000 Money Market Mutual Funds $87000 Checkable Deposits $23,000 Savings Accounts $38,000 Traveler's Checks $1,200 Time Deposits $34,500 Calculate M1: Calculate M2:

Refer to the following table to answer the questions that follow. Checkable deposits Currency Traveler's checks Money market mutual funds Small time deposits Savings deposits Using the table, what is the value of M2? a. $57,500,000 b. $46,500,000 c. $65,000,000 d. $47,500,000 e. $13,500,000 $12,500,000 $34,000,000 $1,000,000 $10,000,000 $7,000,000 $500,000

If an individual moves money from a money market mutual fund to currency, Select one: a. M1+ stays the same and M2+ stays the same b. M1+ increases and M2+ decreases C. M1+ stays the same and M2+ increases d. M1+ increases and M2+ stays the same

1. Given the following information for November 2010, calculate the amounts of M1 and M2 in November 2010. The amounts are in billions of dollars. Currency Demand deposits Money market mutual funds (retail only) Other checkable deposits Savings deposits, including money market deposit accounts Small-denomination time deposits Traveler's checks $915.0 507.0 711.1 405.2 5,317.9 943.3 4.7

Which of the following components is not included in the M2 definition of money?     A)  small-denomination time deposits.   B)  bonds.   C)  savings deposits.   D)  M1

55)Using the M2 definition of Money, M2 = Category Amount Currency and coin held by the public $1,000 Checking account balances $2,000 Traveler's checks $50 Savings Account balances $4,000 Small denomination time deposits (CD) $3,000 Money market deposit accounts in banks (MMDA) $1,500 Money Market Mutual Fund Shares  (MMMF) $2,500 Bitcoins $1,000 Select one: a. 11,000 b. 14,050 c. 15,050 d. 13,050