ME Pr Last Name, First Name SECTION # e data in the table below to answer questions 7-8: Currency held by the public Demand and other checkable deposits Traveler's checks 3,20 $1,200 billion $2,000 billion 3.2 $2 billion Small denomination time deposits Savings deposits* Retail money funds $500 billion $9,200 billion $780 billion *money market deposit accounts are included in savings deposits e value of the Ml money supply is: $3,200 billion.

ME Pr Last Name, First Name SECTION # e data in the table below to answer questions 7-8: Currency held by the public Demand and other checkable deposits Traveler's checks 3,20 $1,200 billion $2,000 billion 3.2 $2 billion Small denomination time deposits Savings deposits* Retail money funds $500 billion $9,200 billion $780 billion *money market deposit accounts are included in savings deposits e value of the Ml money supply is: $3,200 billion.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter13: Money And The Financial System

Section: Chapter Questions

Problem 4.11P

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