Money Market Mutual Fund Balances Held by Businesses $100 Money Market Mutual Fund Balances Held by Individuals 140 Currency in Banks 10 Currency in Circulation 60 Savings Deposits, Including Money Market Deposit Accounts 70 Large-denominated ($100,000 or more) Time Deposits 180 Small-denominated ($100,000 or less) Time Deposits 100 Checkable Deposits 70
Money Market Mutual Fund Balances Held by Businesses $100 Money Market Mutual Fund Balances Held by Individuals 140 Currency in Banks 10 Currency in Circulation 60 Savings Deposits, Including Money Market Deposit Accounts 70 Large-denominated ($100,000 or more) Time Deposits 180 Small-denominated ($100,000 or less) Time Deposits 100 Checkable Deposits 70
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter14: Money And Banking
Section14.2: History Of Americans Money And Banking
Problem 2R
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Question
$100 | |
Money Market Mutual Fund Balances Held by Individuals | 140 |
Currency in Banks | 10 |
Currency in Circulation | 60 |
Savings Deposits, Including Money Market Deposit Accounts | 70 |
Large-denominated ($100,000 or more) Time Deposits | 180 |
Small-denominated ($100,000 or less) Time Deposits | 100 |
Checkable Deposits | 70 |
Refer to the table. The value of the near monies that are part of M2 is
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