Based on the information in the table, the money supply as measured by M2 is equal to: a b с Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. d $4,000 billion. $14,000 billion. $16,000 billion. Table 1 MONEY IN THE ECONOMY (billions of dollars) Currency held by the public Demand Deposits $18,000 billion. Other Liquid Deposits Small Denomination Time Deposits Retail Money Market Funds $1,000 $3,000 $12,000 $500 $1,500

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter14: Banking And The Money Supply
Section: Chapter Questions
Problem 1.2P
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11.2 #4

Based on the information in the table, the money supply as measured by M2 is equal to:
a
b
C
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
d
$4,000 billion.
$14,000 billion.
$16,000 billion.
Table 1 MONEY IN THE ECONOMY (billions of dollars)
Currency held by the public
Demand Deposits
$18,000 billion.
Other Liquid Deposits
Small Denomination Time Deposits
Retail Money Market Funds
$1,000
$3,000
$12,000
$500
$1,500
Transcribed Image Text:Based on the information in the table, the money supply as measured by M2 is equal to: a b C Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. d $4,000 billion. $14,000 billion. $16,000 billion. Table 1 MONEY IN THE ECONOMY (billions of dollars) Currency held by the public Demand Deposits $18,000 billion. Other Liquid Deposits Small Denomination Time Deposits Retail Money Market Funds $1,000 $3,000 $12,000 $500 $1,500
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