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The table below shows the components of M1 and M2 in the U.S. Use the table to calculate Total M2. Round to the third decimal
The table below shows the components of M1 and M2 in the U.S. Use the table to calculate Total M2. Round to the third decimal place.
Components of M1 and M2 in the U.S. $ trillions Currency $3 Individual market mutual fund balances $0.764 Demand deposits and other checking accounts $3.1 Savings accounts $8.475 Traveler's checks $0.004 Time deposits $0.492Step by Step Solution
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