Question
Hello! In June 2018 currency held by individuals and businesses was 1224 billion. travelers check were 4 billion, checkable deposit owned by individuals were 1002
Hello! In June 2018 currency held by individuals and businesses was 1224 billion. travelers check were 4 billion, checkable deposit owned by individuals were 1002 billion, savings deposit were 6484 billion, time deposit were 584 billion and money market funds and other deposits were 674 billion. Calculate M1 and M2 in june 2018.
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Foundations of Business
Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor
6th edition
1337386928, 9781337670975 , 978-1337386920
