late M1, M2 an M3 using the following Items Negotiable certificates Fiat Money Checkable deposits Repurchase agreement Travelers Check Deposits in other financial institutions Billion $ 304 438 509 198 18 326

late M1, M2 an M3 using the following Items Negotiable certificates Fiat Money Checkable deposits Repurchase agreement Travelers Check Deposits in other financial institutions Billion $ 304 438 509 198 18 326

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter25: Money, Banking, And The Federal Reserve System

Section: Chapter Questions

Problem 4P

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Question

Calculate M1, M2 and M3 using the following information:
Items
Negotiable certificates
Fiat Money
Checkable deposits
Repurchase agreement
Travelers Check
Deposits in other financial institutions
Saving in commercial banks
Billion $
304
438
509
198
18
326
637

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