(1 point)See Hint Use the information in the table below to answer the following two questions. Items Billions of $ Savings deposits 7500 Money market mutual funds 700 M2 13700 Checking deposits 2250 Small time deposits 750 How much is M1? $ billion Part 2 (1 point)See Hint Now, calculate the amount of currency in billions of dollars in the economy from the given information (assume no traveler's checks). $ billion