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1. Calculate the value of M1 and M2 using the data given. Demand deposits $1,250 Currency 326 Savings deposits 4,854 Certificate of deposits 9, 270
1.
Calculate the value of M1 and M2 using the data given.
Demand deposits $1,250
Currency 326
Savings deposits 4,854
Certificate of deposits 9, 270
Traveler's checks 630
M1 =
M2 =
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Foundations of Macroeconomics
Authors: Robin Bade, Michael Parkin
8th edition
134492005, 978-0134492001
