If Currency Outside of Banks Is $800 Billion;traveler's Checks Are

question 337

Multiple Choice

If currency outside of banks is $800 billion;traveler's checks are $10 billion;checkable deposits owned by individuals and businesses are $700 billion;savings deposits are $4,000 billion;small time deposits are $1,000 billion;and money market funds and other deposits are $800 billion,then M1 equals ________ billion.

• A)$7,310
• B)$5,800
• C)$2,510
• D)$1,510
• E)$710

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Definitions:

mHealth

Refers to the practice of using mobile devices and wireless technology to support health and medical objectives, enhancing the delivery of healthcare services.

GPS

The Global Positioning System is a navigation system based on satellites, offering location and time data in all types of weather, everywhere on or close to the Earth.

Fitness Tracker

A wearable device that monitors and records physical activity data, such as steps taken, calories burned, and heart rate.

LinkedIn

A professional networking site that allows individuals and companies to connect, share, and explore job opportunities.