bbrooks1046 bbrooks1046

28-07-2020
Business

contestada

Items Billions of $
Savings deposits 7000
Money market mutual funds 700
M2 13700
Checking deposits 2250
Small time deposits 750

Required:
Calculate the amount of currency in billions of dollars in the economy from the given information. Assume zero traveler’s checks for answering this question.

Respuesta :

gageferris gageferris

05-08-2020

M1: 4750

2500 billion in the economy

Answer Link

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