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Other checkab Traveler's checks $10 billion ing information is available to you: travelers' checks - $30 milli sI million, coin and paper currency llars $15

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Other checkab Traveler's checks $10 billion ing information is available to you: travelers' checks - $30 milli sI million, coin and paper currency llars $15 million, demand deposits- $25 million, mutual funds $60 million, savings accounts at tions $40 million, checkable deposits at deposit- ments and Eurodollars retail money market depository institutions - $35 million, large-denomination time deposits - institutions a $50 million, institutional money market mutual funds $65 mil and small-denomination time deposits = $45 million. Usi definitions, determine the dollar sizes of the a. MI money supply h. M2 money supply A country's gross domestic product (GDP) is $20 billion, and its ney supply (MS) is $5 billiorn. What is the country's velocity of money (VM)? lio ng Fed

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