Homework Answers
the formula is for the M1 and M2
M1 = coins and currency in circulation + checkable (demand) deposit + traveler’s checks.
M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.
| 2009 | 2010 | 2011 | 2012 | |
| Total M1 | 1935 | 1922 | 1935 | 1951 |
| Total M2 | 9935 | 10264 | 10755 | 11415 |
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The table to the right shows hypothetical values, in bilions of dollars. Use the table to...
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...
The table to the right shows hypothetical values, in billions of dollars. Use the table to...
The table to the right shows hypothetical values, in billions of dollars. Use the table to calculate the M1 and M2 money supply for each year. (Enter your responses rounded to the nearest dollar) 2009 920 675 2010 935 685 2011 2012 940 946 683 692 5,500 5,780 5,968 6,105 2009 1903 10103 2010 1890 10442 2011 1902 10931 Total M1 Total M2 2012 1920 11593 1.205 1,236 1,265 1,320 A Currency B. Money market mutual fund shares C. Saving...
End-of-Chapter Exercise 19 The table to the right shows hypothetical values, in billions of dollars. Use...
End-of-Chapter Exercise 19 The table to the right shows hypothetical values, in billions of dollars. Use the table to calculate the M1 and M2 money supply for each year. (Enter your responses rounded to the nearest dollar.) 2009 920 675 5,500 2010 935 685 5,780 2011 2012 940 946 683 692 5,968 6,105 2009 2010 2011 2012 Total M1 Total M2 A Currency B. Money market mutual fund shares C. Saving account deposits D. Money market deposit accounts E. Demand...
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 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. 2015 900 680 5,500 1,214 1,000 830 4 1,986 2016 920 681 5,780 1,245 972 861 4 2,374 2017 925...
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....
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...
The table to the right shows hypothetical values, in billions of dollars. Use the table to calculate the M1 and M2 money supply for each year. (Enter your responses rounded to the nearest dollar) 2009 920 675 2010 935 685 2011 2012 940 946 683 692 5,500 5,780 5,968 6,105 2009 1903 10103 2010 1890 10442 2011 1902 10931 Total M1 Total M2 2012 1920 11593 1.205 1,236 1,265 1,320 A Currency B. Money market mutual fund shares C. Saving...
End-of-Chapter Exercise 19 The table to the right shows hypothetical values, in billions of dollars. Use the table to calculate the M1 and M2 money supply for each year. (Enter your responses rounded to the nearest dollar.) 2009 920 675 5,500 2010 935 685 5,780 2011 2012 940 946 683 692 5,968 6,105 2009 2010 2011 2012 Total M1 Total M2 A Currency B. Money market mutual fund shares C. Saving account deposits D. Money market deposit accounts E. Demand...
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 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. 2015 900 680 5,500 1,214 1,000 830 4 1,986 2016 920 681 5,780 1,245 972 861 4 2,374 2017 925...
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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