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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.
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 billion. (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 $1,100 $700
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