Question
The table shows the amounts held as the various components of M1 and M2. What are the values of M1 andM2? The value of M1
The table shows the amounts held as the various components of M1 and M2.
What are the values of M1 andM2?
The value of M1 is $
nothing
billion.
The value of M2 is $
nothing
billion.
Item
$billions
Non-chequable deposits, personal
375
375
Chequabledeposits, personal andnon-personal
200
200
Fixed term deposits
260
260
Non-chequable deposits,non-personal
320
320
Currency outside banks
50
50
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Risk Management And Insurance
Authors: Scott E Harrington, Greg Niehaus
2nd Edition
0072339705, 9780072339703
