Using the information below compute the M1 money supply.
Using the information below compute the M1 money supply.
| Category | Amount |
|---|---|
| Currency and coin held by the public | $1,000 |
| Checking account balances | $1,200 |
| Traveler's checks | $10 |
| Savings account balances | $3,100 |
| Small denomination time deposits | $5,000 |
| Money market deposit accounts in banks | $1,000 |
| Noninstitutional money market fund shares | $2,000 |
The M1 money supply is equal to: $_______
Homework Answers
M1 is the most liquid portion of the money supply = sum of currency and coin held by public, checking account balances, and traveler check = $1,000 + $1,200 + $10 = $2,210.
Using the information below compute the M1 money supply. Category Currency and coin held by the...
Using the information below compute the M1 money supply. Category Currency and coin held by the public Checking account balances Traveler's checks Savings account balances Small denomination time deposits Money market deposit accounts in banks Noninstitutional money market fund shares Amount $100 $1,000 $10 $3,100 $5,000 $1,000 $2,000 The M1 money supply is equal to: $
Using the information below compute the M2 money supply. Category Currency and coin held by the...
Using the information below compute the M2 money supply. Category Currency and coin held by the public Checking account balances Traveler's checks Savings account balances Small denomination time deposits Money market deposit accounts in banks Noninstitutional money market fund shares Amount $700 $1,800 $10 $2,000 $5,000 $1,000 $2,000 The M2 money supply is $
This Question: 1 pt 2 of 15 (1 complete Using the information below compute the M2 money supply Category Currency a...
This Question: 1 pt 2 of 15 (1 complete Using the information below compute the M2 money supply Category Currency and coin held by the public Checking account balances Traveler's checks Savings account balances Small denomination time deposits Money market deposit accounts in banks Noninstitutional money market fund shares Amount $700 $1,000 $10 $2.600 $5,000 $1.000 $2.000 The M oney
This Question: 1 pt 4 of 15 2 complete Using the information below compute the M1...
This Question: 1 pt 4 of 15 2 complete Using the information below compute the M1 money supply Category Currency and coin held by the public Checking account balances Traveler's checks Savings account balances Smal denomination time deposits Money market deposit account in banks Nonitional money market fund shares Amount $900 $1.500 $10 $1,800 $5.000 $1,000 $2,000 The Money y sus MacBook Pro
M1 and M2 are two definiions of money supply. Determine if the items listed are included...
M1 and M2 are two definiions of money supply. Determine if the items listed are included in the money supply under each of these definitions and place them in the appropriate category. M1 only M2 only M1 and M2 Neither M1 nor M2 Answer Bank credit cards balances in checking accounts traveler's checks balances in savings accounts common stock currency certificates of deposit gold money market account balances
37) Fiat money means A) the money that has intrinsic value. B) only currency counts as...
37) Fiat money means A) the money that has intrinsic value. B) only currency counts as money. C) the money can be converted into gold. D) the government has decreed that something is money. 38) M1 is composed of A) currency held by individuals and businesses, traveler's checks, and the credit line on credit cards. B) currency held by individuals and businesses, traveler's checks, and demand deposits owned by individuals and businesses C) currency inside of banks, traveler's checks, and...
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
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
Total money supply ($3,100 billion) $1.345 Currency in circulation BILLIONS OF DOLLARS $1,752 > Transactions account...
Total money supply ($3,100 billion) $1.345 Currency in circulation BILLIONS OF DOLLARS $1,752 > Transactions account balances Traveler's checks Figure 13.1 Composition of the Basic Money Supply (M1) The money supply (M1) includes all cash held by the public plus balances people hold in transactions accounts (eg, checking, ATS, and credit union share draft accounts). Cash is only part of our money supply Source: Federal Reserve Board of Governors, January 2016 What percent of the money supply depicted in the...
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....
Using the information below compute the M1 money supply. Category Currency and coin held by the public Checking account balances Traveler's checks Savings account balances Small denomination time deposits Money market deposit accounts in banks Noninstitutional money market fund shares Amount $100 $1,000 $10 $3,100 $5,000 $1,000 $2,000 The M1 money supply is equal to: $
Using the information below compute the M2 money supply. Category Currency and coin held by the public Checking account balances Traveler's checks Savings account balances Small denomination time deposits Money market deposit accounts in banks Noninstitutional money market fund shares Amount $700 $1,800 $10 $2,000 $5,000 $1,000 $2,000 The M2 money supply is $
This Question: 1 pt 2 of 15 (1 complete Using the information below compute the M2 money supply Category Currency and coin held by the public Checking account balances Traveler's checks Savings account balances Small denomination time deposits Money market deposit accounts in banks Noninstitutional money market fund shares Amount $700 $1,000 $10 $2.600 $5,000 $1.000 $2.000 The M oney
This Question: 1 pt 4 of 15 2 complete Using the information below compute the M1 money supply Category Currency and coin held by the public Checking account balances Traveler's checks Savings account balances Smal denomination time deposits Money market deposit account in banks Nonitional money market fund shares Amount $900 $1.500 $10 $1,800 $5.000 $1,000 $2,000 The Money y sus MacBook Pro
M1 and M2 are two definiions of money supply. Determine if the items listed are included in the money supply under each of these definitions and place them in the appropriate category. M1 only M2 only M1 and M2 Neither M1 nor M2 Answer Bank credit cards balances in checking accounts traveler's checks balances in savings accounts common stock currency certificates of deposit gold money market account balances
37) Fiat money means A) the money that has intrinsic value. B) only currency counts as money. C) the money can be converted into gold. D) the government has decreed that something is money. 38) M1 is composed of A) currency held by individuals and businesses, traveler's checks, and the credit line on credit cards. B) currency held by individuals and businesses, traveler's checks, and demand deposits owned by individuals and businesses C) currency inside of banks, traveler's checks, and...
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
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
Total money supply ($3,100 billion) $1.345 Currency in circulation BILLIONS OF DOLLARS $1,752 > Transactions account balances Traveler's checks Figure 13.1 Composition of the Basic Money Supply (M1) The money supply (M1) includes all cash held by the public plus balances people hold in transactions accounts (eg, checking, ATS, and credit union share draft accounts). Cash is only part of our money supply Source: Federal Reserve Board of Governors, January 2016 What percent of the money supply depicted in the...
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....
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