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The table to the right shows hypothetical values, in billions of dollars. 2009 2010 2011 2012 A. Currency 900 910 916 921 Use the table
The table to the right shows hypothetical values, in billions of dollars. 2009 2010 2011 2012 A. Currency 900 910 916 921 Use the table to calculate the M1 and M2 money supply for each year. (Enter your responses rounded to the B. Money market nearest dollar.) 677 687 685 694 mutual fund shares 2009 2010 2011 2012 C. Saving account 5,700 5,980 6,168 6,305 deposits Total M1 D. Money market 1,214 deposit accounts 1,245 1,274 1,329 Total M2 E. Demand and 1,020 992 checkable deposits 1,000 1,013 F. Small-denomination 830 861 time deposits 1,123 1,566 G. Traveler's checks 3 3 2 1 H. 3-month Treasury 1,986 bills 2,374 2,436 2,502
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