Suppose the country X has the following monetary asset information as of year 2010:   Cash in hands of the public = $300b (where ‘b’ represents billion) Demand Deposits (DD) = $400b Other Checkable Deposits = $150b Traveler’s checks = $50b Savings Type accounts = $2000b Money Market Mutual Funds (MMMF) = $1000b Small Time Deposits = $500b Large Time Deposits = $450b

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