Homework Answers
(1) Option (D)
M2 = M1 + Saving deposit + Time deposits + Money Market deposit of individuals
Therefore, transfer from savings account will decrease savings account balance and increase checking account balance, keeping M2 unchanged. But increase in checking account will increase M1.
(2) M1 = $1759.5 billion
M1 ($B) = Currency + Demand deposit + Travelers check + Other checkable deposits = 863.2 + 573.5 + 3.8 + 319 = 1759.5
Add Answer to:
Which of the following statements about the monetary aggregates is true? OA. 0 B. ° C....
Asset Amount in $Billions Small time deposits 780 Large time deposits 1,700 Demand deposits 450 Other...
Asset Amount in $Billions Small time deposits 780 Large time deposits 1,700 Demand deposits 450 Other checkable deposits 370 Savings deposits 4950 Traveler's checks Money market mutual funds 740 Currency 880 Miscellaneous categories of 50 M2 What is the value of M1 in billions of dollars? 1705 2485 6295 7075
WC logic Ulu Cd. 4. The U.S. population is approximately 300 million. Using the information in...
WC logic Ulu Cd. 4. The U.S. population is approximately 300 million. Using the information in Table 2.1, calculate the average amount of U.S.currency per citizen. Do most Americans hold that much cash? If not, where is it? the ratio of 1 GDP. These people hold economy. Pld Have the rat or fallen? W time deposits, and retail money-market mutual funds) sometimes called broad mone To see the idea behind i be used to purchase goods TABLE 2.1 The Monetary...
Please show all work Monetary aggregates II. For each of the following transactions identify by how...
Please show all work
Monetary aggregates II. For each of the following transactions identify by how much M1 and M2 change. (a) (3 points) You receive a check for $2,500 from your employer. You deposit the check into your checking account. You then withdraw $500 as cash and transfer $1,000 into your savings account, and use the remainder to purchase shares of a stock market mutual fund (b) (3 points) Umut has $4 million of funds in a savings account....
Use the following table to determine the levels of M1 and M2 in the United States....
Use the following table to determine the levels of M1 and M2 in the United States. Money Categories in the United States Amount (billions of dollars) $82 80 Asset Currenc Money market funds Other checkable deposits Savings deposits Small time deposits Traveler's checks 37 460 Instructions: Enter your answers as a whole number. a. Calculate the M1 money supply billion b. Calculate the M2 money supply billion
1.)The ____________ is the sum of currency and reserve deposits, the monetary _________ of the central...
1.)The ____________ is the sum of currency and reserve deposits, the monetary _________ of the central bank A.)money stock; assets B.)money stock; liabilities C.)monetary base; liabilities D.)monetary base; assets 2.)Time deposits are ______ liquid than savings deposits and typically earn a _________ interest rate than savings deposits. A.)less; higher B.)more; higher C.)more; lower D.)less; lower 3.)If banks must hold $2 in reserves for each $10 in deposits, and the public decides to hold $3 in currency for each $10 in...
1 and 2 please 1. (2.5 points) For the following, say whether each is included in M1: a. currency b. credit card fun...
1 and 2 please
1. (2.5 points) For the following, say whether each is included in M1: a. currency b. credit card funds available C. checking account balances d. savings account balances e. traveler's checks 2. (2.5 points) For the following, say whether each is included in M2: a. currency b. savings deposits in banks c. everything in M1 d. certificates of deposit worth $250,000 e. a time deposit worth $25,000
The table below shows hypothetical values, in billions of dollars, of different forms of money. a)...
The table below shows hypothetical values, in billions of dollars, of different forms of money. a) Use the table to calculate the M1 and M2 money supplies for each year, as well as the growth rates of the M1 and M2 money supplies from the previous year. b) Why are the growth rates of M1 and M2 so different? Explain. 2011 2012 A Currency 1040 1060 B. Money market mutual fund shares 677 678 C. Saving account deposits 5,980 D....
Also growth rate M1 2010 2011 2012 M2 2010 2011 2012 The table to the right...
Also growth rate
M1 2010 2011 2012
M2 2010 2011 2012
The table to the right shows hypothetical values, in billions of dollars 2009 2010 2011 2012 950 965 971 975 679 688 A. Currency Use the table to calculate the M1 and M2 money supply for each year. (Enter your responses rounded to the nearest dollar,) B. C. Saving account D. Money market E. Demand and F. Small-denomination G. Traveler's checks Money market mutual fund shares 676 681 2...
The table to the right shows hypothetical values, in billions of dollars. 2009 2010 2011 2012...
The table to the right shows hypothetical values, in billions of dollars. 2009 2010 2011 2012 950 965 971 975 A. Currency Use the table to calculate the M1 and M2 money supply for each year. (Enter your responses rounded to the nearest dollar) B. Money market C. Saving account D. Money market E. Demand and mutual fund shares 676 677 675 684 deposits deposit accounts 1,214 1,245 1,274 1,329 checkable deposits 980 952 960 973 2009 5300 5,580 5,768...
Considering the following data (expressed in billions of U.S. dollars), calculate M1 and M2. M1 is...
Considering the following data (expressed in billions of U.S.
dollars), calculate M1 and M2.
M1 is $ billion. (Enter your response as a whole number.)
M2 is $ billion. (Enter your response as a whole number.)
Item Transactions deposits Savings deposits Small-denomination time deposits Money market deposit accounts Noninstitution money market mutual funds Traveler's checks outside banks and thrifts Currency Institution-only money market mutual funds Value (5 billions) 1,040 3,320 1,460 1,965 1,920 20 1,070 1,260
Asset Amount in $Billions Small time deposits 780 Large time deposits 1,700 Demand deposits 450 Other checkable deposits 370 Savings deposits 4950 Traveler's checks Money market mutual funds 740 Currency 880 Miscellaneous categories of 50 M2 What is the value of M1 in billions of dollars? 1705 2485 6295 7075
WC logic Ulu Cd. 4. The U.S. population is approximately 300 million. Using the information in Table 2.1, calculate the average amount of U.S.currency per citizen. Do most Americans hold that much cash? If not, where is it? the ratio of 1 GDP. These people hold economy. Pld Have the rat or fallen? W time deposits, and retail money-market mutual funds) sometimes called broad mone To see the idea behind i be used to purchase goods TABLE 2.1 The Monetary...
Please show all work
Monetary aggregates II. For each of the following transactions identify by how much M1 and M2 change. (a) (3 points) You receive a check for $2,500 from your employer. You deposit the check into your checking account. You then withdraw $500 as cash and transfer $1,000 into your savings account, and use the remainder to purchase shares of a stock market mutual fund (b) (3 points) Umut has $4 million of funds in a savings account....
Use the following table to determine the levels of M1 and M2 in the United States. Money Categories in the United States Amount (billions of dollars) $82 80 Asset Currenc Money market funds Other checkable deposits Savings deposits Small time deposits Traveler's checks 37 460 Instructions: Enter your answers as a whole number. a. Calculate the M1 money supply billion b. Calculate the M2 money supply billion
1 and 2 please
1. (2.5 points) For the following, say whether each is included in M1: a. currency b. credit card funds available C. checking account balances d. savings account balances e. traveler's checks 2. (2.5 points) For the following, say whether each is included in M2: a. currency b. savings deposits in banks c. everything in M1 d. certificates of deposit worth $250,000 e. a time deposit worth $25,000
The table below shows hypothetical values, in billions of dollars, of different forms of money. a) Use the table to calculate the M1 and M2 money supplies for each year, as well as the growth rates of the M1 and M2 money supplies from the previous year. b) Why are the growth rates of M1 and M2 so different? Explain. 2011 2012 A Currency 1040 1060 B. Money market mutual fund shares 677 678 C. Saving account deposits 5,980 D....
Also growth rate
M1 2010 2011 2012
M2 2010 2011 2012
The table to the right shows hypothetical values, in billions of dollars 2009 2010 2011 2012 950 965 971 975 679 688 A. Currency Use the table to calculate the M1 and M2 money supply for each year. (Enter your responses rounded to the nearest dollar,) B. C. Saving account D. Money market E. Demand and F. Small-denomination G. Traveler's checks Money market mutual fund shares 676 681 2...
The table to the right shows hypothetical values, in billions of dollars. 2009 2010 2011 2012 950 965 971 975 A. Currency Use the table to calculate the M1 and M2 money supply for each year. (Enter your responses rounded to the nearest dollar) B. Money market C. Saving account D. Money market E. Demand and mutual fund shares 676 677 675 684 deposits deposit accounts 1,214 1,245 1,274 1,329 checkable deposits 980 952 960 973 2009 5300 5,580 5,768...
Considering the following data (expressed in billions of U.S.
dollars), calculate M1 and M2.
M1 is $ billion. (Enter your response as a whole number.)
M2 is $ billion. (Enter your response as a whole number.)
Item Transactions deposits Savings deposits Small-denomination time deposits Money market deposit accounts Noninstitution money market mutual funds Traveler's checks outside banks and thrifts Currency Institution-only money market mutual funds Value (5 billions) 1,040 3,320 1,460 1,965 1,920 20 1,070 1,260
Most questions answered within 3 hours.
-
Xanth Co. has 8.9% annual coupon bonds with face value of $1,000
and 7 years remaining...
asked 1 minute ago -
The Bellevue University bookstore purchases sweatshirts with the
school name and logo from a vendor. The...
asked 4 minutes ago -
Suppose X∼Exp(λ) for some λ >0. Compute E(X) and Var(X).
asked 3 minutes ago -
If you invest the $10,000 you receive at graduation in a mutual
fund which averages a...
asked 6 minutes ago -
Consider 15 mL of an aqueous solution containing 2.0 g of an
organic solute.If the distribution...
asked 6 minutes ago -
Define the following Marketing Psychology Principles of Human
Behavior: Priming, Reciprocity, Social Proof, Decoy Effect,
Scarcity,...
asked 22 minutes ago -
What does the graph of Range vs angle look like? Also what is
the slope of...
asked 25 minutes ago -
a
sample size of _ is needed So there a 99% confidence interval will
have a...
asked 30 minutes ago -
Strategy is an important part of project management and business
decisions. Define strategy and describe in...
asked 34 minutes ago -
Task 5.2 Numerical Analysis Using Nested Loops (13 pts)
Consider the following program:
void setup()
{...
asked 47 minutes ago -
If a lossless transformer has 1000 turns for a primary winding
and 100 turns for the...
asked 56 minutes ago -
Write the net ionic equation for the precipitation reaction that
occurs when aqueous solutions of potassium...
asked 1 hour ago