-Based on the data in the table above, what is the value of M1?
Definitions:
Present Consumption
The act of using goods and services for immediate needs or desires, rather than saving or investing for future use.
Future Consumption
Planning or saving for the purchase of goods and services in the future, often involving trade-offs between current and future spending.
Currency Intervention
A government’s buying and selling of its own currency or foreign currencies to alter international exchange rates.
Foreign Exchange
The market where currencies are traded, allowing for the conversion of one currency into another.
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