Refer to the Following Table to Answer the Questions That

question 47

Multiple Choice

Refer to the following table to answer the questions that follow.

-Using the table,what is the value of M2?

• A) $404,000,000
• B) $1,650,000,000
• C) $740,000,000
• D) $906,000,000
• E) $744,000,000

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Definitions:

Central Banks

Primary financial institutions responsible for the oversight and management of a country's currency, money supply, and interest rates, aiming to stabilize the economy.

International Trade

The exchange of goods, services, and capital between countries, driven by comparative advantages and economies of scale.

Financial Account

A component of the balance of payments that records transactions involving financial assets and liabilities between residents of a country and non-residents.

Oil Imported

The total volume of crude oil and petroleum products that a country acquires from foreign sources to meet its energy and fuel needs.