Answer - Option C
M1 = $ 680 billion , M2 = $ 2800 billion
M1 = Demand deposits + travellers cheques + Currency
= 400+30+250
= $ 680 billion
M2 = M1 + time deposits + Mutual funds + other + saving deposits
= 680 + 600+800 + 700+20
= $ 2800
QUESTION 46 Time deposits Demand deposits and other checkable deposits Savings deposits Money market mutual funds...
and other Year Currency Traveler's checkable Money Sna time Savings MI M2 in checks deposits market deposits deposits mutual funds Circulation 1998 8.5 626.5 728.9 952.4 1,605.0 1,095.5 1999 517.8 8.6 596.2 819.7 956.8 1,740.3 2000 531.2 8.3 548.0 1047.6 1,878.8 4,921.9 2001 8.0 592.6 962.3 976.5 2,312.8 1,181.8 2002 626.3 7.8 585.6 885.3 896.0 5,779.2 2003 662.5 7.7 777.4 818.7 3,169.1 1,306,1 2004 697.6 7.5 671.2 697.1 829.9 2005 723.9 3,518.3 3,621.4 1,374.5 643.4 699.9 995.8 2006 748.9 6.7...
Asset Amount in $Billions Small time deposits 780 Large time deposits 1,700 Demand deposits 450 Other checkable deposits 370 Savings deposits 4950 Traveler's checks Money market mutual funds 740 Currency 880 Miscellaneous categories of 50 M2 What is the value of M1 in billions of dollars? 1705 2485 6295 7075
Consider the table presenting information about an economy's money supply. $982 billion Currency in circulation Checkable deposits Savings accounts Money market mutual funds $1,334.7 billion $6,3122 lion $695.3 billion Calculate the values of MI and M2 Time deposits less than $100,000 $797.3 billion Traveler's checks Gold coins $4.7 billiorn $1.4 billion billion billion
Items 1. Money market mutual funds held by individuals 2. Savings deposits, including money market deposit accounts 3. Money market mutual funds held by businesses 4. Currency held by the public 5. Small time deposits 6. Checkable deposits Refer to the accompanying list. Which items are included in the M2 money supply but not the M1 money supply?
O D. currency in circulation plus checkable deposits plus traveler's checks Use the following to answer questions 26-28: Table 9-1 Components of the Money Supply Currency Checkable deposits Traveler's checks Small-denomination time deposits Savings deposits Money market nutual funds Other liquid assets Large-denomination time deposits S billion 100 300 50 700 75 500 150 200 (individuals) 26. Refer to Table 9-1. The money supply measured by M1 O A. $325 billion. O B. $450 billion. О С.$1,425 billion. O D....
Item Value ($ billions) Currency 555 Savings and money market deposit accounts 2,929 Small-denomination time deposits 1,532 Traveler's checks outside banks and thrifts 8 Noninstitution money market mutual funds 774 Institution-only money market mutual funds 209 Transaction deposits 986 Calculate M1.$_______ billion.
In June 2013, currency held by individuals and businesses was $1,124 billion; traveler's businesses were $1,402 billion; savings deposits were $6,884 billion; time deposits were $583 billion; and money market funds and other deposits were S 647 billion. checks were $4 billion; checkable deposits owned by individuals and Calculate M1 and M2 in June 2013 M1 in June 2013 is billion M2 in June 2013 is $ billion.
What are the official measures of money? Are all the measures really money? The two main official measures of money in the United States today are The two main official measures of money in the United States really money, O A. M2 and M3; are not B. M1 and M2, are O C. currency and M2, are OD. M1 and M2, are not The table shows the amounts held as the various components of M1 and M2. The value of...
. In May 2017, currency held by individuals and businesses was $1,469 billion; traveler's checks were $2 billion; checkable deposits owned by individuals and businesses were $2,034 billion; savings deposits were $8,958 billion; time depos- its were $355 billion; and money market funds and other deposits were $1,746 billion. Calculate M1 and M2 in May 2017.
Ml equals currency + demand deposits + A)nothing else B)othere checkable deposits. C)traveler's checks + other checkable deposits. D)traveler's checks + other checkable deposits -+ savings deposits 2. If you deposit $100 of currency into a demand deposit at a bank, this action by itself A)does not change the money supply. B)increases the money supply. C)decreases the money supply. D)has an indeterminate effect on the money supply. 3. The manager of the bank where you work tells you that your...