4. The table below indicates the current values of various money accounts. All figures are denominated in billions of dollars.Current DollarsCurrent Dollars(in billions)Category(money account)Currency outside banksTravellers' chequesCanada Savings BondsTrust, mortgago, and credit unionCategory(money account)Chequable depositsNonpersonal notice doposits(in billions)78530035730600120Savings deposits1,213depositsMoney market mutual fundsCredit card debt3,089518824375Cash in bank vaultsShort term Treasury securitiesThe value of M1+ is $. (Round your answer to the nearest dollar.)The value of M2+ is $(Round your answer to the nearest aQuestion ViewerThe value of M2++ is $(Round your answer to the nearest dollar.)

Given: Currency outside banks=$357 Travelers cheques=$30

The table below indicates the current valuos of various money accounts. All figures are denominated in billions of dollars. Current Dollars (in billions) Current Dollars (in billions) 357 Category (money account) Chequable deposits Nonpersonal notice doposits Category (money account) 785 Currency outside banks Travellers' cheques Canada Savings Bonds Trust, mortgago, and credit union doposits Money market mutual funds Credit card debt 300 30 600 120 Savings doposits 1,213 824 375 Cash in bank vaults 3,089 518 Short torm Treasury securities The value of M1+ is $. (Round your answer to the nearest dollar.) The value of M2+ is $ (Round your answer to the nearest a Question Viewer The value of M2++ is $ (Round your answer to the nearest dollar.)

The table below indicates the current valuos of various money accounts. All figures are denominated in billions of dollars. Current Dollars (in billions) Current Dollars (in billions) 357 Category (money account) Chequable deposits Nonpersonal notice doposits Category (money account) 785 Currency outside banks Travellers' cheques Canada Savings Bonds Trust, mortgago, and credit union doposits Money market mutual funds Credit card debt 300 30 600 120 Savings doposits 1,213 824 375 Cash in bank vaults 3,089 518 Short torm Treasury securities The value of M1+ is $. (Round your answer to the nearest dollar.) The value of M2+ is $ (Round your answer to the nearest a Question Viewer The value of M2++ is $ (Round your answer to the nearest dollar.)

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter12: Money And Banking

Section: Chapter Questions

Problem 10E

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MULTIPLE CHOICE: Which of the following statements is INCORRECT? (a) M1 consists of coins, notes and demand deposits only; (b) M3 includes short term deposits; (c) M3 includes long term deposits; (d) M3 = M1 + M2 + long term deposits.
This means that money is something which can be kept for long periods without deterioration or wastage as time passes. *A. Money as a Transfer of ValueB. Money as a Store of ValueC. Money as a Standard of Deferred PaymentsD. Money as the Most of Liquid of all Assets
Money Market Mutual Fund Balances Held by Businesses $100 Money Market Mutual Fund Balances Held by Individuals 140 Currency in Banks 10 Currency in Circulation 60 Savings Deposits, Including Money Market Deposit Accounts 70 Large-denominated ($100,000 or more) Time Deposits 180 Small-denominated ($100,000 or less) Time Deposits 100 Checkable Deposits 70 Refer to the table. The value of the near monies that are part of M2 is Multiple Choice $310. $140. $70. $320.
An advantage that money has over other assets is that it: a. Provides a higher return to the owner b. Is a safer asset to hold during times of inflation c. Increases in value over time d. Has lower transaction costs to use as a means of payment than other assets
Major Money Market Securities contains (Treasury bills, Commercial paper, Negotiable CDs, Banker's acceptances, repurchase agreements, federal funds). Create a table to compare them in terms of (Typical Maturities, Issuers, Investors, Secondary Market).
All items included in ____ are also included in ____, but ____ are not included in either M1 or M2 M2; M1; U.S. Treasury bills and cash advances M2; M1; small time deposits and savings accounts M1; M2; cash advances and U.S. Treasury bills M1; M2; Negotiable Order of Withdrawal accounts
Identify which one is M1, M2 or both i)1000Taka Eid gift from relatives, ii) employer pays salary to employee in their bank account iii) a 10 year fixed deposit iv) traveler’s check iv) MMMF.
Eurodollar (Canadian) certificates of deposit: Multiple Choice may be borrowed by anyone who wishes to hold dollars. are Canadian dollars which have been converted into several European currencies. can only be redeemed at Canadian banks or their branches in European countries. can only be redeemed at Canadian banks or their branches in any foreign country.
Views on electronic money, or e-money, and digital cash
Write an essay about: How is money created in an economy? What is ‘fiat money’ and are holders of fiat money exposed to any risks? Provide in text references/paraphrasing. Cannot 400-500 words
An advantage that money has over other assets is that it: Answer a. Provides a higher return to the owner b. Is a safer asset to hold during times of inflation c. Increases in value overtime d. Has lower transaction costs to use as a means of payment than other assets
Money Market Mutual Fund Balances Held by Businesses $ 100 Money Market Mutual Fund Balances Held by Individuals 220 Currency in Banks 10 Currency in Circulation 60 Savings Deposits 50 Large-denominated ($100,000 or more) Time Deposits 180 Small-denominated ($100,000 or less) Time Deposits 80 Checkable Deposits 70 Refer to the table. The value of the near-monies that are part of M2 is Multiple Choice $300. $480. $630. $530.