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Use the following information to calculate Mi, quasi-money and M2 in Kuwait for the year 2019: Cash = 2125 million KD Term deposits in KD

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Use the following information to calculate Mi, quasi-money and M2 in Kuwait for the year 2019: Cash = 2125 million KD Term deposits in KD = 26520 million KD Term deposits in foreign currency = 2385 million KD Demand deposits = 9351 million KD Show your steps in the box below AND ONLY REPORT THE M2 value (only the number with neither currency nor currency unit). Answer: Give your reasons 7 i B 1 iii III

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