Item Billions of Dollars $ 617 Checkable Deposits Small Time Deposits Currency Money-Market Mutual Funds Held by Businesses 838 659 1,065 Savings Deposits 2,886 Money-Market Mutual Funds Held by Individuals 999 Refer to the accompanying table. The size of the M1 money supply is Mutiple Choice $6.065 bilion $4,162 bilion $1,455 bilion

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter28: Monetary Policy And Bank Regulation
Section: Chapter Questions
Problem 14RQ: In a program of deposit insurance as it is operated in the United States, what is being insured and...
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Item
Billions of
Dollars
$ 617
Checkable Deposits
Small Time Deposits
Currency
Money-Market Mutual Funds Held by Businesses
838
659
1,065
Savings Deposits
2,886
Money-Market Mutual Funds Held by Individuals
999
Refer to the accompanying table. The size of the M1 money supply is
Mutiple Choice
$6.065 bilion
$4,162 bilion
$1,455 bilion
Transcribed Image Text:Item Billions of Dollars $ 617 Checkable Deposits Small Time Deposits Currency Money-Market Mutual Funds Held by Businesses 838 659 1,065 Savings Deposits 2,886 Money-Market Mutual Funds Held by Individuals 999 Refer to the accompanying table. The size of the M1 money supply is Mutiple Choice $6.065 bilion $4,162 bilion $1,455 bilion
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