In Maldonia in 2019, checkable deposits owned by individuals and businesses were $1,635 billion; M1 was $2,857 billion; currency held by individuals and businesses was $1,219 billion; money market funds and other deposits were $631 billion; M2 was $ were $7,406 billion. Calculate traveler's checks in circulation in Maldonia in 2019. Calculate small time deposits in Maldonia in 2019.

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter12: Money, Banking And The Financial System
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In Maldonia in 2019, checkable deposits owned by individuals and businesses were $1,635 billion; M1 was $2,857 billion;
currency held by individuals and businesses was $1,219 billion; money market funds and other deposits were $631 billion; M2 was $11,424; and savings deposits
were $7,406 billion.
Calculate traveler's checks in circulation in Maldonia in 2019. Calculate small time deposits in Maldonia in 2019.
In Maldonia in 2019, traveler's checks in circulation were $
Small time deposits in Maldonia in 2019 were $ billion.
billion.
Transcribed Image Text:In Maldonia in 2019, checkable deposits owned by individuals and businesses were $1,635 billion; M1 was $2,857 billion; currency held by individuals and businesses was $1,219 billion; money market funds and other deposits were $631 billion; M2 was $11,424; and savings deposits were $7,406 billion. Calculate traveler's checks in circulation in Maldonia in 2019. Calculate small time deposits in Maldonia in 2019. In Maldonia in 2019, traveler's checks in circulation were $ Small time deposits in Maldonia in 2019 were $ billion. billion.
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