ZuoTi.Pro
Question

and other Year Currency Travelers checkable Money Sna time Savings MI M2 in checks deposits market deposits deposits mutual
business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

M2 in 2001

= Money Marked Mutual Funds + Small time deposits + Saving Deposits + M1

=962.3 + 976.5 + 2312.8 + 1181.8 = 5213.9

M1 in 2000

= Currency in Circulation + Travellers Check + Other Checkable Deposits

= 531.2 + 8.3 + 548.0 = 1087.5

M1 in 2000 = 1087.5

M2 in 2001 = 5213.9

So, We can say that

M2 in 2001 > M1 in 2000

Answer is Option D

0 0
Add a comment
Know the answer?
Add Answer to:
and other Year Currency Traveler's checkable Money Sna time Savings MI M2 in checks deposits market...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • QUESTION 46 Time deposits Demand deposits and other checkable deposits Savings deposits Money market mutual funds...

    QUESTION 46 Time deposits Demand deposits and other checkable deposits Savings deposits Money market mutual funds Traveler's checks $600 billion $400 billion $800 billion $700 billion $30 billion Currency $250 billion Other categories in M2 $20 billion Given the information above, what are the values of M1 and M2? . M1 = $650 billion, M2 - $2,830 billion b.M1 - 5400 billion, M2 = $3,080 billion. CM1 = $680 billion, M2-S2,800 billion d. Mi - 5680 billion, M2 = $3,200...

  • O D. currency in circulation plus checkable deposits plus traveler's checks Use the following to answer...

    O D. currency in circulation plus checkable deposits plus traveler's checks Use the following to answer questions 26-28: Table 9-1 Components of the Money Supply Currency Checkable deposits Traveler's checks Small-denomination time deposits Savings deposits Money market nutual funds Other liquid assets Large-denomination time deposits S billion 100 300 50 700 75 500 150 200 (individuals) 26. Refer to Table 9-1. The money supply measured by M1 O A. $325 billion. O B. $450 billion. О С.$1,425 billion. O D....

  • M2 Money Stock Total Checkable Deposits Travelers Checks Outstanding M1 Money Stock Currency Component of M1...

    M2 Money Stock Total Checkable Deposits Travelers Checks Outstanding M1 Money Stock Currency Component of M1 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 2,000 1980 1990 1995 1975 1985 2000 2005 2010 2015 1960 Source: Board of Governors of the Federal Reserve System (US) fred.stlouisfed.org Shaded areas indicate U.S. recessions 3. Now, in two to three paragraphs, explain what patterns and trends you see in the data for each of these components. o When did clear changes occur? o...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT