Refer to the Table

question 124

Multiple Choice

$$\begin{array} { | l | c | } \hline \text { Money Market Mutual Fund Balances Held by Businesses } & \$ 100 \\\hline \text { Money Market Mutual Fund Balances Held by individuals } & 220 \\\hline \text { Currency in Banks } & 10 \\\hline \text { Currency in Circulation } & 60 \\\hline \text { Savings Deposits, Including Money Market Deposit Accounts } & 50 \\\hline \text { Large-denominated (\$100,000 or more) Time Deposits } & 180 \\\hline \text { Small-denominated (\$100,000 or less) Time Deposits } & 80 \\\hline \text { Checkable Deposits } & 80\\\hline\end{array}$$ Refer to the table. Money supply M2 for this economy is

• A) $490.
• B) $60.
• C) $80.
• D) $500.

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Definitions:

Upper Quintiles

Refers to the top 20% segment of a population when it is divided into five equal groups based on a particular variable, such as income level.

Income Curves

A graphical representation showing the distribution of income among individuals or households in a specified region or country.

Capacities To Enjoy

The inherent potential or capability individuals possess to derive satisfaction or pleasure from various activities or consumptions.

Baby Boomers

The demographic cohort following World War II, typically defined as individuals born from 1946 to 1964.