Money Market Mutual Fund Balances Held by Businesses Money Market Mutual Fund Balances Held by Individuals Currency in Banks Currency in Circulation Savings Deposits Large-denominated ($100,000 or more) Time Deposits Small-denominated ($100,000 or less) Time Deposits Checkable Deposits Refer to the table. Money supply M2 for this economy is Multiple Choice $150. $550. $ 110 230 20 70 60 190 90 80
Money Market Mutual Fund Balances Held by Businesses Money Market Mutual Fund Balances Held by Individuals Currency in Banks Currency in Circulation Savings Deposits Large-denominated ($100,000 or more) Time Deposits Small-denominated ($100,000 or less) Time Deposits Checkable Deposits Refer to the table. Money supply M2 for this economy is Multiple Choice $150. $550. $ 110 230 20 70 60 190 90 80
Chapter14: Banking And The Money Supply
Section: Chapter Questions
Problem 2.3P
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