Table 16-1 -Refer to Table 16-1

question 176

Multiple Choice

Table 16-1. The information in the table pertains to an imaginary economy. $\begin{array}{|l|l|}\hline \text { Type of Money } & \text { Amount } \\\hline \text { Large time deposits } & \$ 80 \text { billion } \\\hline \text { Small time deposits } & \$ 75 \text { billion } \\\hline \text { Demand deposits } & \$ 75 \text { billion } \\\hline \text { Other checkable deposits } & \$ 40 \text { billion } \\\hline \text { Savings deposits } & \$ 10 \text { billion } \\\hline \text { Traveler's checks } & \$ 1 \text { billion } \\\hline \text { Money market mutual funds } & \$ 15 \text { billion } \\\hline \text { Currency } & \$ 110 \text { billion } \\\hline \text { Credit card balances } & \$ 10 \text { billion } \\\hline \text { Miscellaneous categories of M2 } & \$ 25 \text { billion } \\\hline\end{array}$

-Refer to Table 16-1. What is the M2 money supply?

• A)$125 billion
• B)$296 billion
• C)$351 billion
• D)$431 billion

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Definitions:

Circumscribed

Limited or confined within boundaries.

Genetic Makeup

The unique set of genes that an individual inherits from both parents, determining various biological traits and predispositions.

Physical Decline

The gradual reduction in the strength, flexibility, and endurance of the body as a part of the aging process.

Inevitable

Something that is certain to happen; unable to be avoided or escaped.