Table: Statistics for a Small EconomyItemValue (millions)$7130Money market mutual funds18Checkable deposits36Currency and total reserves at the Fed 12Large-time deposits20Demand deposits14Cash held by publicSmall-time depositsThe table shows some statistics for a small economy. Based on only the information provided, M2 in thiscountry amounts to:$105 million.$121 million.$137 million.$129 million.

M2 is a measure of the money supply that includes all elements of M1 as well as "near money."M1…

Table: Statistics for a Small Economy Item Cash held by public Small-time deposits Money market mutual funds 18 Checkable deposits 36 Currency and total reserves at the Fed 12 Large-time deposits 20 Demand deposits 14 The table shows some statistics for a small economy. Based on only the information provided, M2 in this country amounts to: $105 million. Value (millions) $7 30 $121 million. $137 million. $129 million.

Table: Statistics for a Small Economy Item Cash held by public Small-time deposits Money market mutual funds 18 Checkable deposits 36 Currency and total reserves at the Fed 12 Large-time deposits 20 Demand deposits 14 The table shows some statistics for a small economy. Based on only the information provided, M2 in this country amounts to: $105 million. Value (millions) $7 30 $121 million. $137 million. $129 million.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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The Island Nation of Murlonio prints its own currency called the Mariano. Use the data below to calculate the M2 measure of the money supply. Source Amount Cash in circulation $2,464 Vault cash held in bank reserves $503 Checking deposits $34,133 Savings deposits $39,233 Treasury Bills, Notes, and Bonds $48,020 Certificates of Deposit (under $100,000) $36,983 Individual Money Market Accounts $28,471 Corporate Bonds $35,823 Do not round your answer.
Suppose we have the following banking data (in $billion): C = $300 Currency in circulation D = $2,000 Demand deposits rr = 0.10 Required reserve ratio ER = $1,340 Excess reserves in the banking system There are no other types of deposits in the banking system. Calculate for us the following: Currency-deposit ratio (c) Excess-Reserves-deposit ratio (er) = = Money supply = Monetary base Money multiplier (m) = $billion $billion
The Island Nation of Murlonio prints its own currency called the Mariano. Use the data below to calculate the M1 measure of the money supply. Source Amount Cash in circulation $2,055 Vault cash held in bank reserves $532 Checking deposits $22,067 Savings deposits $22,005 Treasury Bills, Notes, and Bonds $40,249 Certificates of Deposit (under $100,000) $33,438 Individual Money Market Accounts $33,706 Corporate Bonds $31,735 Do not round your answer.
The table shows the components of money supply: Item Billions of dollars Small time deposits 630 Large time deposits 645 Money market deposit accounts 575 Money market mutual funds 425 Checkable deposits 448 Noncheckable savings deposits 300 Currency 170 Estimate the following: M1 M2
Using the M1 definition of Money, M1 = _____________ 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. 7050 b. 2050 c. 3050 d. 1050
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
K In Maldonia in 2019, M1 was $2,523 billion; currency held by individuals and businesses was $1,122 bilion; traveler's checks in circulation were $5 billion; savings deposits were $6,857 billion; smaltime deposits were $568; and money market funds and other deposits were $652 bilion Calculate checkable deposits owned by individuals and businesses in Maldonia in 2019. Calculate M2 in Maldonia in 2019. GLEED In Maldonia in 2010, checkable deposts owned by individuals and businesses were bision M2 in Maldonia in 2010 was billion
Total reserves $55 billion Transactions deposits: $600 billion Cash held by public: $400 billion Bonds held by public: $400 billion Stocks held by public: $140 billion Gross domestic product: $8 trillion Interest rate: 6 percent Required reserve ratio: 0.10 How large is the money supply (M1)? How much excess reserves are there? What is the money multiplier? What is the available lending capacity?
2. Consider the following data (all values are in billions of dollars): (b) Currency Transactional deposits Bank reserves June 1930 June 1931 June 1932 $ 3.681 3.995 4.959 21.612 19.888 15.490 3.227 3.307 2.829 (a) Calculate the values for each period for the currency-deposit ratio, the ratio of total reserves to deposits, the monetary base, M1, and the money multiplier. Can you explain why the currency-deposit ratio and the ratio of total reserves to deposits moved as they did between 1930 and 1932(Great depression era)?
#13 Help me on part e
In December 2000, currency was $340 billion, travelers checks were $4 billion; checkable deposits owned by individuals and businesses were $450 billion, saving deposits were $1,900 billion, time deposits were $1,000 billion; and money market funds were $900 billion. What was the M1 in December 2000?
Imagine that the Bank of Canada creates $1,000 of new money. Canadians do not hold any of their money in currency. The reserve requirement is 20% and banks like to hold 5% excess reserves. a) Calculate the total of new deposits created from this $1,000 of new money. b) Calculate the new money supply created form this $1,000 of new money.