Given the Following Information, What Are the Values of M1

question 372

Multiple Choice

Given the following information, what are the values of M1 and M2? Small time deposits
$1,300 billion
Demand deposits and other checkable deposits
$600 billion
Savings deposits
$1,500 billion
Money market mutual funds
$1,200 billion
Traveler's checks
$50 billion
Large time deposits
$1,200 billion
Currency
$200 billion
Miscellaneous categories in M2
$50 billion

• A)M1 = $800 billion, M2 = $4,950 billion.
• B)M1 = $250 billion, M2 = $6,050 billion.
• C)M1 = $850 billion, M2 = $4, 900 billion.
• D)M1 = $850 billion, M2 = $6,100 billion.

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Definitions:

Neurological System

The part of an organism that coordinates its actions by transmitting signals to and from different parts of its body, encompassing the brain and spinal cord.

Tendons

Tough, fibrous connective tissues that connect muscles to bones, enabling movement.

Digital Examination

Part of a physical examination in which the physician inserts one or two fingers of one hand into the opening of a body canal such as the vagina or the rectum; used to palpate canal and related structures.

Rectal

Pertaining to the rectum, the final section of the large intestine, connecting the end of the colon and the anus.