The Value of M1 is $16,000 and M2 is $20,000 Find the value of savings deposit with post office saving bank

Q: Question 41 Refer to the following table to answer this question Checking Deposits Currency…

A: M2 refers to the money supply which includes M1 , savings deposits, money market funds, and…

Q: Is demand deposit and current deposit at bank same

A: The bank is the financial institution which deals primarily in the accepting and mobilizing the…

Q: benefit that may accrue to a country for being part of the sustainable banking network

A: The Sustainable Banking Network (SBN) is available to developing business sector monetary…

Q: Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both,…

A: The M1 and M2 are two different measures of the supply of money in the economy. The M1 is the narrow…

Q: Calculate net time deposit with banks if M3 is $22,000 and M1 is $6500

A: The data presented in the question above:- M3 = $22,000 million M1 = $6500 million Net time deposit…

Q: Name any item that is a store of value, but does not serve the other functions of money. Explain…

A: "The three main functions of money are a medium of exchange, store of value, and a unit of account."

Q: Use the information below to answer the following questions Currency in circulation Credit card…

A: Hi! thanks for the question but as per the guidelines, we can answer up to three subparts at one…

Q: what tools are used by the central bank in Jamaica to affect the money supply

A: In the case of Jamaica, the 2 main operational tools are OMOs and reserve requirements. The Bank of…

Q: Which property is consistent with the functions of money?     Unit of account     medium of…

A: Money has some important functions which are essential for survival of economy.

Q: How much money does the average American have in the bank?

A: As per Federal Reserve Survey of Consumer Finance 2016, the average balance was $10545.

Q: In the fractional reserve banking system, if the required reserve ratio is 5%, then an initial…

A: Fractional reserve banking system: - In a fractional reserve banking system, the banks have to keep…

Q: The M2 definition of money is a larger amount than the M1 definition of money. True False

A: M1 Money Supply: M1 comprises highly liquid forms of money, like physical currency in circulation,…

Q: If M3 is $200 million and M1 is $88 million Find the value of net time deposit with banks

A: The information being given to us is as follows:- M3 = $200 million M1 = $88 million We need to…

Q: Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both,…

A: Money basically refers to anything that can be used as a common medium for the exchange of goods or…

Q: Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both,…

A: Money refers to anything that can be used as a common medium for the exchange of goods or services…

Q: Calculate M1 if M3 is $20,000 and net time deposit with banks is $17,000

A: The data presented in the question above is:- M3 = $20,000 Net time deposit with banks = $17,000 We…

Q: Item Value (S billions) Currency Savings and money market deposit accounts Small-denomination time…

A: Money supply in the economy is measured using several instruments namely M1, M2, M3, and M4. M1 is…

Q: The required reserve ratio is 25% for all banks. Second National Bank is capable of loaning $ (Do…

A: Net worth is positively related to reserves. It means as reserves rise then net worth fall and as…

Q: What components of money do we count in M2?

A: Answer: Introduction: Money: Money is the stock of assets used for transactions. For instance,…

Q: How to calculate the value of deposits when given excess reserves and reserve ratio

A: In an economy, differ ratios are calculated to analyze economic condition and the division of a…

Q: List the banking services that each bank offer. Compareand contrast the services offered by the…

A: There are various services provided by banks. The main purpose of banks is to provide their…

Q: Calculate net time deposit with banks if M3 is $25,000 and M1 is $11,000

A: Money Supply: - In an economy, the total value of money in circulation at a point in time is known…

Q: The value of M3 is $17,000 and the value of net time deposit with banks is $9,000 Find the value of…

A: According to the above given question, the values given are:- M3 = $17,000 Net time deposit with…

Q: How has Ethereum (cryptocurrency) evolved over time, and how may it evolve further in the future?…

A: Ethereum is a decentralized blockchain stage that was sent off in 2015 by Vitalik Buterin. It is the…

Q: Checkable Deposits $597 Small Time Deposits 818 Currency 639 Money-Market Mutual Funds Held by…

A: In economics, money is defined as anything that is widely accepted as a medium of exchange. There…

Q: Calculate the value of M2 given that the M1 measure of money supply is $85,000 and saving deposit…

A: The data presented in the question is:- M1 measure of money supply = $85,000 Savings deposit with…

Q: calculate M4 if M3 is $20,000 and Total deposit with post office is $13,000

A: The data presented in the question above:- M3 = $20,000 Total deposit with post office = $13,000 M4…

Q: Given the following information, what are the values of M1 and M2? Small time deposits Demand…

A: Money supply is the sum of all the available money in the economy which is composed of currencies,…

Q: total deposit with post office is $31,000 and M4 is $19,000 Calculate M3

A: M1 = Currency + Demand Deposits M2 = M1 + Savings deposits with Post Office savings banks M3 = M1 +…

Q: The value of M2 is $6400 and the value of M1 is $3300 Calculate the value of savings deposit with…

A: The given information is as follows:- M2 components of money supply= $6400 M1 component of money…

Q: Calculate M2 if M1 is $3600 million and the Savings deposit with post office Savings bank is $5000…

A: The data presented in the question above is:- M1 = $3600 million Savings deposit with post office…

Q: What is the two main money functions

A: Money is a value system that permits things to be exchanged in an economy. Using money, as opposed…

Q: M1 includes currency, checkable deposits, and traveler's checks, but M2 does not include M1 in any…

A: False. M2 includes M1 along with savings and time deposits,  money market funds and certificates of…

Q: If M3 is $200 million and M1 is $88 million Find the value of net time deposit with banks

A: Basics:- M1 and M3 are money supply measures where :- M3 = M1 + net time deposits with banks

Q: Discuss the kinds of money that were used at Japanese Occupation of the Philippines

A: Japanese Invasion Money (JIM):Japanese Invasion Money refers to the currency issued by the Japanese…

Q: Describe a national bank note. Explain what they were, how they were created, and why they served as…

A: A national bank note can be described as a type of currency issued by national banks in the country…

Q: Calculate the value of M2 if M1 is $140,000 and the value of savings with post office saving bank is…

A: The given information is as follows:- M1 = $140,000 million Savings with post office Savings bank =…

Q: Calculate M2 if :- M1 = $7500 million Saving deposit with post office Savings bank = $3300 million

A: The data presented in the question above is:- M1 = $7500 million Savings deposit with post office…