Question
Using the information below compute the M1 money supply. Category Amount Currency and coin held by the public $800 Checking account balances $1,700 Traveler's checks
Using the information below compute the M1 money supply.
Category
Amount
Currency and coin held by the public
$800
Checking account balances
$1,700
Traveler's checks
$10
Savings account balances
$2,700
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: $
nothing
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An Inquiry Into The Nature And Causes Of The Wealth Of Nations
Authors: Adam Smith, R H Campbell
1st Edition
0865970068, 9780865970069
