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Amount Component (billions of dollars) Money market mutual fund 4,400 deposits Time deposits 1,237 Savings deposits 1,589 Checking 752 deposits Currency 609 Based on the

Amount Component (billions of dollars) Money market mutual fund 4,400 deposits Time deposits 1,237 Savings deposits 1,589 Checking 752 deposits Currency 609 Based on the data in the table above, what is the value of MI? (checking deposit is similar to demand deposit) : a. $1,361 billion O b. $609 billion c. $2,950 billion O d. $752 billion

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