Question

Asset Amount in $Billions Small time deposits 780 Large time deposits 1,700 Demand deposits 450 Other checkable deposits 370
Miscellaneous categories of 50 M2 What is the value of M1 in billions of dollars? 1705 2485 6295 7075
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Answer #1

M1= currency + checkable deposit+ travellers check

M1=880+370+5+450=1705

Thus ans is A

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