The table shows the monetary aggregate released by the central bank of the country for December 2018.

Monetary aggregate RM (Million)

Currency in circulations 85,000

Coins 32,000

Demand/ current deposits of the private sector 105,000

Savings and deposits in commercial banks 210,000

NCD, repo and BNM certificates 198,000

Deposits placed with other banking institutions 18,300

Calculate the value of :

1. Paper money
2. m1
3. m2
4. m3
5. Narrow near money

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