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How would I go about solving this problem ? Suppose the Federal Reserve reports the following information about US monetary aggregates (all figures are in

How would I go about solving this problem ?

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Suppose the Federal Reserve reports the following information about US monetary aggregates (all figures are in billions of dollars, use the new, March 2021, definitions): Checkable Deposits $828 Currency $995 Retail Money Funds $800 Savings Account Deposits $1,200 Small Time Deposits $628 Bank Reserves $1,825 Based on these numbers, which of the following are correctly-computed monetary aggregates? Base = $2,820 O M1 = $3,023 O M2 = $6,276 O Base = $2,653 O M2 = $4,451 O M1 = $828

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