Consider an economy with the following information: Checking deposits $2000 Cash held by the public: $400 Savings deposits $1100 Calculate its M1 money supply, assuming this is the only relevant information.

Use the following table to determine the levels of M1 and M2 In the United States. Money Categories in the United States Asset Currency Demand deposits Money market funds other checkable deposits Savings deposits Small time deposits Traveler's checks $ Instructions: Enter your answers as a whole number. a. Calculate the M1 money supply. billion b. Calculate the M2 money supply. Amount (billions of dollars) $89 86 47 40 481 billion 6

Checkable deposit $2000 small time deposits 400 currency held by the public 80 savings depsoits including money market deposit accounts 1300 money market mutual fiunds held by individuals $600 money market mutual funds held by business $700   * The accompanying table contains hypothetical data for an economy. The size of the M2 money supply is A.) 4380 B) 1300 C.) 3780 D). 3080

Which of the following is are the three jobs of money? (Check all that apply)   A. Medium of exchange   B. Standard of Value   C. Divisible   D. Store of Value   E. Portable

A purchase of U.S. government securities by the Fed causes   A. a multiple contraction of the money supply because deposits fall by more than the amount of the securities purchased.   B. a contraction of the money supply equal to the amount of the securities because all other transactions occur within the banking system.   C. an expansion of the money supply equal to the amount of the securities because all other transactions occur within the banking system.   D. a multiple expansion of the money supply because the required reserve ratio is less than one

Use the following table to determine the levels of M1 and M2 in the United States.   Money Categories in the United States   Asset Amount (billions of dollars) Currency $84 Demand deposits 81 Money market funds 45 Other checkable deposits 38 Savings deposits 466 Small time deposits 23 Traveler's checks 5     Instructions: Enter your answers as a whole number.   a. Calculate the M1 money supply.        $  billion   b. Calculate the M2 money supply.        $  billion

Give typing answer with explanation and conclusion All else the same, the money supply will increase if the Group of answer choices Money base decreases. Reserve-deposit ratio increases. Discount rate increases. Currency-deposit ratio decreases.

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Quantity of Money Demanded Which line in the above graph would best reflect the slope of the transactions demand for money curve? Line 2 Line 4 Line 3 Line 1 Rate of Interest 2.

Traveler's checks are included in... M1 and M2 money supply neither M1 nor M2 money supply M1 money supply only M2 money supply only