Business, 19.08.2020 02:01 dan20012001

Use the information in the table below: Items Billions of $
Savings deposits 7000
Money market mutual funds 700
M2 13700
Checking deposits 2250
Small time deposits 750
1. What is M1?
2. Now, calculate the amount of currency in billions of dollars in the economy from the given information (assume no traveler's checks).

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Use the information in the table below: Items Billions of $
Savings deposits 7000
Money...

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