Homework: Chapter 3 Homework Save Score: 0 of 1 pt 14 of 15 (14 complete) HW Score: 93.33%, 14 of 15 pts End-of-Chapter Exercise 19 Question Help The table to the right shows hypothetical values, in billions of dollars. Use the table to calculate the M1 and M2 money supply for each year. (Enter your responses rounded to the nearest dollar.) 2009 950 2010 965 2011 967 2012 973 678 688 686 695 2012 5,300 5,580 5,768 5,905 2009 1954 Total M1 2010 1941 10295 2011 1950 10781 1968 1,214 1,245 1,274 1,329 Total M2 9956 11443 A. Currency B. Money market mutual fund shares C. Saving account deposits D. Money market deposit accounts E. Demand and checkable deposits F. Small-denomination time deposits G. Traveler's checks H. 3-month Treasury bills 1,000 972 980 993 Calculate the growth rates of the M1 and M2 money supply from the previous year. (Enter your responses rounded to one decimal place. Use a minus sign to enter negative numbers.) 810 841 1,103 1,546 2010 2011 2012 4 4 3 2 1,980 2,368 2,430 2,496 M1 Growth rate M2 Growth rate Enter your answer in the edit fields and then click Check Answer. 1 part Clear All Check Answer remaining