The economic of a country is currently has a level of M2 $100000. If saving is 20000 dollas and time deposit is $ 20000. What is the level of M1 in the economy.

Brief Principles of Macroeconomics (MindTap Course List)
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ISBN:9781337091985
Author:N. Gregory Mankiw
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Chapter8: Savings,investment And The Financial System
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The economic of a country is currently has a level of M2 $100000. If saving is 20000 dollas and time deposit is $ 20000. What is the level of M1 in the economy.

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