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CLO3 A3 The following table contains information about the components of money supply of a country XYZ. ITEMS RM(million) Paper money 5,671 Negotiable certificates 6,250

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CLO3 A3 The following table contains information about the components of money supply of a country XYZ. ITEMS RM(million) Paper money 5,671 Negotiable certificates 6,250 Fixed and savings deposits in other financial 8,373 Institutions Fixed and savings deposits in commercial banks 14,640 Current deposits in commercial banks 12,060 Bank Negara certificates 7,020 Based on the data given, discuss all the questions and present your answer in a power point slide. (a) If the fiat money is RM7,900, calculate the amount of coins. (b) Calculate: i. M1 ii. M2 iii. M3 iv. Quasi money v. Broad near money [35 marks]

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