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ItemBillions of DollarsCheckable Deposits$575Small Time Deposits818Currency655Money-Market Mutual Funds Held by Businesses1,045Savings Deposits, Including Money-Market Deposit Accounts2,866Money-Market Mutual Funds Held by Individuals979 Refer to the accompanying

ItemBillions of DollarsCheckable Deposits$575Small Time Deposits818Currency655Money-Market Mutual Funds Held by Businesses1,045Savings Deposits, Including Money-Market Deposit Accounts2,866Money-Market Mutual Funds Held by Individuals979

Refer to the accompanying table. The size of the M1 money supply is

Multiple Choice

  • $1,230 billion.
  • $575 billion.
  • $655 billion.
  • $2,048 billion.

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