Money Market Mutual Fund Balances Held by Businesses $100

Money Market Mutual Fund Balances Held by Individuals 220

Currency in Banks 10

Currency in Circulation 40

Savings Deposits, Including Money Market Deposit Accounts 50

Large-denominated ($100,000 or more) Time Deposits 180

Small-denominated ($100,000 or less) Time Deposits 80

Checkable Deposits 80

Money supply M2 for this economy is

• $470.
• $40.
• $80.
• $480.