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Money Market Mutual Fund Balances Held by Businesses$100Money Market Mutual Fund Balances Held by Individuals220Currency in Banks10Currency in Circulation70Savings Deposits, Including Money Market Deposit Accounts50Large-denominated

Money Market Mutual Fund Balances Held by Businesses$100Money Market Mutual Fund Balances Held by Individuals220Currency in Banks10Currency in Circulation70Savings Deposits, Including Money Market Deposit Accounts50Large-denominated ($100,000 or more) Time Deposits180Small-denominated ($100,000 or less) Time Deposits80Checkable Deposits100

Refer to the table. Money supply M1 for this economy is

Multiple Choice

  • $170.
  • $70.
  • $100.
  • $180.

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