II The Components of the Monetary Aggregates The following table lists the components of the monetary aggregates
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II The Components of the Monetary Aggregates The following table lists the components of the monetary aggregates in billions of dollars.
Travelers’ checks Savings deposits Demand deposits Other checkable deposits Currency Retail money market mutual funds Small-denomination time deposits 8.1 1,135.0 406.5 420.0 357.3 372.1 826.9 Using the previous table, calculate M1 and M2.
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Related Book For
Fundamentals Of Economics
ISBN: 9781133956105,9781285531847
6th Edition
Authors: William Boyes, Michael Melvin
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