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The table below provides data for a hypothetical economy. Currency outside chartered banks $16 billion Chequable notice deposits at near banks $8 billion Personal term
The table below provides data for a hypothetical economy. Currency outside chartered banks $16 billion Chequable notice deposits at near banks $8 billion Personal term deposits at near banks $9 billion Non-chequable notice deposits at chartered banks $27 billion Personal term deposits at chartered banks $36 billion Other liquid assets included in M2+ $11 billion Publicly held demand deposits at chartered banks $3 billion Currency inside chartered banks $6 billion Chequable notice deposits at chartered banks $19 billion Non-chequable notice deposits at near banks $23 billion Based on this data: a. M1+ is $ billion b. M2 is $ billion C. M2+ is $ billion
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