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Table 142 Monetary Aggregates of the U Assume an Original Balance Sheet: the Total Money Supply (M1)in

question 41

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Table 14.2 Monetary Aggregates of the U.S.Financial System
 Item  Amount  Cash held by public  $100billion  Transactions deposits  $300billion  Required reserves  $30billion  Excess reserves  $0billion  U.S. bonds held by public $475 billion \begin{array}{|l|r|}\hline\text { Item } & \text { Amount } \\\hline \text { Cash held by public } & \text { \$100billion } \\\hline\text { Transactions deposits } & \text { \$300billion } \\\hline\text { Required reserves } & \text { \$30billion } \\\hline\text { Excess reserves } & \text { \$0billion } \\\hline \text { U.S. bonds held by public } & \$ 475 \text { billion }\\\hline \end{array}

Assume an original balance sheet: The total money supply (M1) in Table 14.2 is

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Understand the concepts of observable culture within an organization.

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