Values of Assets -Refer to Value of Assets

question 51

Multiple Choice

Values of Assets
$\begin{array}{lc}\text { Asset } & \text { Amount in } \$ \text { Billions } \\\text { Small time deposits } & 780 \\\text { Large time deposits } & 1,700 \\\text { Demand deposits } & 450 \\\text { Other checkable deposits } & 370 \\\text { Savings deposits } & 4950 \\\text { Traveler's checks } & 5 \\\text { Money market mutual funds } & 740 \\\text { Currency } & 880 \\\text { Miscellaneous categories of M2 } & 50\end{array}$

-Refer to Value of Assets. What is the value of M1 in billions of dollars?

• A)1705
• B)2485
• C)6295
• D)7075

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Definitions:

Mandatory Certification

A required credential that individuals must obtain to work in certain professions or perform specific tasks.

Detail Oriented

A characteristic referring to the ability or tendency to pay attention to all aspects and particulars of a task or situation.

Organized

To be arranged in a systematic, structured way, often referring to the coordination of activities or the tidiness of spaces.

Client Information

Personal, financial, or legal data provided by clients to professionals for the purpose of receiving services.