ASSIGNMENT 3 Below are Measures of Money Supply in Ghana from 1997 to 2004. Using data from Bank of Ghana Website or other sources, update the Table by provided the relevant figures from 2005 to 2018. Cumency Outside Banks Demand Deposits Namow Money (M1) Saving & Broad Money Broad Money D M1 Time Den M2 M2+ Year la) b) (C)= (a + b) (0) (e) = (c) + (d) 0 1997 981.80 783.90 1,765.70 832.80 2,598.50 3,318.80 1,083.60 986.30 2,069.90 1,161.40 3.231.30 3,903.80 1999 1,186.10 943.00 2,129.10 1,433.60 3,562.70 4,533.20 2000 1,739.10 867.70 2,606.80 1,788.40 4,395.20 6,338.40 2003 6,338 5,035 11,373.00 5,225.00 16,598.00 21,179 2004 7,303 7,300 14,603.00 6,400.00 21,003.00 26,686 Quasi:Money = Savings deposits + Time deposits + Certificates of deposit Broad Money* = M2 plus Foreign currency deposits Note. Both M2 and M2+ are caled broad money 1998 ASSIGNMENT 3 Below are Measures of Money Supply in Ghana from 1997 to 2004. Using data from Bank of Ghana Website or other sources, update the Table by provided the relevant figures from 2005 to 2018. Cumency Outside Banks Demand Deposits Namow Money (M1) Saving & Broad Money Broad Money D M1 Time Den M2 M2+ Year la) b) (C)= (a + b) (0) (e) = (c) + (d) 0 1997 981.80 783.90 1,765.70 832.80 2,598.50 3,318.80 1,083.60 986.30 2,069.90 1,161.40 3.231.30 3,903.80 1999 1,186.10 943.00 2,129.10 1,433.60 3,562.70 4,533.20 2000 1,739.10 867.70 2,606.80 1,788.40 4,395.20 6,338.40 2003 6,338 5,035 11,373.00 5,225.00 16,598.00 21,179 2004 7,303 7,300 14,603.00 6,400.00 21,003.00 26,686 Quasi:Money = Savings deposits + Time deposits + Certificates of deposit Broad Money* = M2 plus Foreign currency deposits Note. Both M2 and M2+ are caled broad money 1998