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In August 2021, currency was $2 comma 093 billion; demand deposits were $4 comma 713 billion; other liquid deposits were $12 comma 907 billion; small-denomination

In August 2021, currency was $2 comma 093 billion; demand deposits were $4 comma 713 billion; other liquid deposits were $12 comma 907 billion; small-denomination time deposits were $105 billion; and retail money market funds were $nbsp 994 billion. Calculate M1 and M2 in August 2021

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