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Calculate M1 and M2 using details from the table given below. Value (in millions) Currency $75 Checkable deposits 35 Traveler's checks 10 Savings deposits 110

Calculate M1 and M2 using details from the table given below.

	Value (in millions)
Currency	$75
Checkable deposits	35
Traveler's checks	10
Savings deposits	110
Small-denomination time deposits	75
Money market mutual fund shares	50

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