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Using the information below compute the M1 money supply. Category Amount Currency and coin held by the public $700 Checking account balances $1,500 Traveler's checks

Using the information below compute the M1 money supply.

Category Amount

Currency and coin held by the public $700

Checking account balances $1,500

Traveler's checks $10

Savings account balances $2,100

Small denomination time deposits $5,000

Money market deposit accounts in banks $1,000

Noninstitutional money market fund shares $2,000

The M1 money supply is equalto: $

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