Question
The table below provides data for a hypothetical economy. Total value of corporate shares $500 billion Currency outside chartered banks $42 billion Chequable notice deposits
The table below provides data for a hypothetical economy. Total value of corporate shares $500 billion Currency outside chartered banks $42 billion Chequable notice deposits at chartered banks $102 billion Publicly held demand deposits at chartered banks $45 billion Federal government bonds $637 billion Other liquid assets included in M2+ $32 billion Nonpersonal term and foreign-currency deposits at chartered banks $268 billion Personal term deposits at chartered banks $134 billion Non-chequable notice deposits at chartered banks $94 billion Chequable notice deposits at near banks $89 billion Personal term deposits at near banks $114 billion Non-chequable notice deposits at near banks $74 billion Based on this data: a. M1+ is $ 278 billion
b. M2 is $ billion.
c. M3 is $ billion. d. M2+ is $ billion.
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