Solution:-
M1=Currency+ checkable deposits
= 80 + 2000
= $2,080
M2=M1 + saving deposit, including money market deposit accounts +small time deposit+ Money market funds held by individuals.
=2080 + 1300 + 350 + 600
=$4,330 billions
SO the Answer is Option (C) $4,330
B111Ions of Item Dollars $2,000 350 80 Checkable Deposits Small TIme Deposits Currency Held By The...
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