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Currency $1,250 ,Large time deposits $3,200 Demand deposits $2,200, Small-time deposits $1,400 Treasury bills $5,200, Savings and money market deposit accounts $1,800 Institutional money market

Currency $1,250 ,Large time deposits $3,200

Demand deposits $2,200, Small-time deposits $1,400

Treasury bills $5,200, Savings and money market deposit accounts $1,800

Institutional money market mutual funds $4,000 , Commercial paper $700

Other checkable deposits $800 Municipal bonds $2,500

1. Compute M1 and M2

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