The Accompanying Table Contains Hypothetical Data for an Economy

question 19

Multiple Choice

$$\begin{array} { | l | r | } \hline { \text { Item } } & \text { Billions of Dollars } \\\hline \text { Checkable Deposits } & \$ 2,000 \\\hline \text { Small Time Deposits } & 350 \\\hline \text { Currency Held by the Public } & 80 \\\hline \text { Savings Deposits, Including Money-Market Deposit Accounts } & 1,300 \\\hline \text { Money-Market Mutual Funds Held by Individuals } & 600 \\\hline \text { Money-Market Mutual Funds Held by Businesses } & 700\\\hline\end{array}$$ The accompanying table contains hypothetical data for an economy. The size of the M2 money supply is

• A) $3,730 billion.
• B) $3,980 billion.
• C) $4,330 billion.
• D) $4,470 billion.

---

Definitions:

Work in Process

Represents goods that are in the process of being manufactured but are not yet complete.

Indirect Materials

Materials used in the production process that do not become an integral part of the final product and are not directly traceable to specific goods.

Nonmanufacturing Costs

Expenses not related to the production of goods, such as selling, administrative, and financial costs.

Work in Process

Stock that consists of items that are in the midst of production but have not yet reached completion.