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The table to the right shows hypothetical values, in billions of dollars. Use the table to calculate the M1 and M2 money supply for each

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The table to the right shows hypothetical values, in billions of dollars. Use the table to calculate the M1 and M2 money supply for each year. (Enter your responses rounded to the nearest dollar) 2009 920 675 2010 935 685 2011 2012 940 946 683 692 5,500 5,780 5,968 6,105 2009 1903 10103 2010 1890 10442 2011 1902 10931 Total M1 Total M2 2012 1920 11593 1.205 1,236 1,265 1,320 A Currency B. Money market mutual fund shares C. Saving account deposits D. Money market deposit accounts E. Demand and checkable deposits F. Small-denomination time deposits G. Traveler's checks H. 3-month Treasury bills 952 960 973 Calculate the growth rates of the M1 and M2 money supply from the previous year. (Enter your responses rounded to one decimal place. Use a minus sign to enter negative numbers.) 2010 2011 2012 M1 Growth rate O O M2 Growth rate 980 820 3 1,976 851 3 2,364 1,113 1,556 2 1 2.426 2.492

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