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Total currency issued by the Bank of Canada $16 Total personal savings deposits 185 Total demand deposits 18 Deposits of government at the Bank of

Total currency issued by the Bank of Canada $16
Total personal savings deposits 185
Total demand deposits 18
Deposits of government at the Bank of Canada 5
Currency held by commercial banks 5
Government bonds owned by the public 95
Nonpersonal term deposits (certificates of deposit) 40

c. How much larger is M2 than M1? M2 is larger than M1 by......

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