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4 The table to the right shows hypothetical values, in billions of 2009 2010 2011 2012 dollars. A. Currency 900 915 921 926 B. Money
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The table to the right shows hypothetical values, in billions of 2009 2010 2011 2012 dollars. A. Currency 900 915 921 926 B. Money market Use the table to calculate the M1 and M2 money supply for each 678 679 677 686 mutual fund shares year. (Enter your responses rounded to the nearest dollar.) C. Saving account 5.600 5.880 6.068 6.205 2009 2010 2011 2012 deposits D. Money market Total M1 1924 1911 1924 1941 1.210 1,241 1.270 1,325 deposit accounts Total M2 10252 10582 11072 11733 E. Demand and 1.020 992 1,000 1,013 checkable deposits Calculate the growth rates of the M1 and M2 money supply from F. Small-denomination 840 871 1,133 1,576 the previous year. (Enter your responses rounded to one decimal time deposits place. Use a minus sign to enter negative numbers.) G. Traveler's checks 4 4 3 2 H. 3-month Treasury 1,980 2.368 2,430 2,496 2010 2011 2012 bills M1 Growth rate M2 Growth rateStep by Step Solution
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