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The table on the right contains an approximate breakdown of the U.S. money supply in September 2001 Use this data to calculate M1 and M2.

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The table on the right contains an approximate breakdown of the U.S. money supply in September 2001 Use this data to calculate M1 and M2. M1 was $1200 billio. (Enter your response as an integer) U.S. Money Supply (in billions of dollars) currency held outside banks savings accounts other near monies traveler's checks/ other checkable deposits money market accounts demand deposits $440 $2,100 $1000 $60 M2 was billion. (Enter your response as an integer.) $1,100 $700

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