Reserves hell by banks at the Fed According to the data below, M2= Currency $120 billion $800 billion Checkable deposits $650 bi Savings deposits $375 billion Small-time deposits $957 billion Money market mutual funds $486 billion O $3,388 billion O $1,450 billion $920 billion O $3,268 billion
Reserves hell by banks at the Fed According to the data below, M2= Currency $120 billion $800 billion Checkable deposits $650 bi Savings deposits $375 billion Small-time deposits $957 billion Money market mutual funds $486 billion O $3,388 billion O $1,450 billion $920 billion O $3,268 billion
Chapter25: Money Creation
Section: Chapter Questions
Problem 18SQ
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Transcribed Image Text:Reserves hell by banks at the Fed
According to the data below, M2=
Currency
$120 billion
$800 billion
Checkable deposits
$650 bi
Savings deposits
$375 billion
Small-time deposits
$957 billion
Money market mutual funds
$486 billion
O $3,388 billion
O $1,450 billion
$920 billion
O $3,268 billion
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