Table 1 Amount (Rbn) Type of deposit/aggregate 57 Bank notes and coins 82 Short term deposits 155 Cheques and deposits 28 30-day deposits 17 60-day deposits 432 M3

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter12: Money And Banking
Section: Chapter Questions
Problem 10E
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Good evening.

Please help me with this question from my textbook.

Table 1 below shows the different categories of money that make up country A's money supply.

Show all calculations and relevant formulas 

Table 1
Amount (Rbn)
Type of deposit/aggregate
57
Bank notes and coins
82
Short term deposits
155
Cheques and deposits
28
30-day deposits
17
60-day deposits
432
M3
Transcribed Image Text:Table 1 Amount (Rbn) Type of deposit/aggregate 57 Bank notes and coins 82 Short term deposits 155 Cheques and deposits 28 30-day deposits 17 60-day deposits 432 M3
Q.3.1.3
Calculate the value of long-term deposits.
Q.3.1.4
Which one of the components of M3 is the largest?
Transcribed Image Text:Q.3.1.3 Calculate the value of long-term deposits. Q.3.1.4 Which one of the components of M3 is the largest?
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