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Using the information in the table below, what is the value of the M1 money supply in billions of dollars? Components Value (billions of dollars)
Using the information in the table below, what is the value of the M1 money supply in billions of dollars?
| Components | Value (billions of dollars) |
|---|---|
| Currency | 2,000 |
| Demand deposits | 4,021 |
| Savings and other liquid deposits | 13,225 |
| Time deposits | 149 |
| Money market fund balances | 1,022 |
Group of answer choices
7,204
6,021
20,417
19,246
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Business A Changing World
Authors: O. C. Ferrell, Geoffrey Hirt, Linda Ferrell
10th edition
1259179397, 978-1259179396
