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Consider the following statistics for the banking sector in the US displayed in the table below (all numbers in billions of domestic currency). Coins and

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Consider the following statistics for the banking sector in the US displayed in the table below (all numbers in billions of domestic currency). Coins and Currency 1000 in Circulation Demand 2 Deposits Traveler's 1800 Checks Savings 7900 Accounts Money Market 400 Mutual Funds Time 500 Deposits Using the data above, calculate M1 for the US

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