Given the Following Information, What Are the Values of M1

question 372

Multiple Choice

Given the following information, what are the values of M1 and M2? Small time deposits
$1,300 billion
Demand deposits and other checkable deposits
$600 billion
Savings deposits
$1,500 billion
Money market mutual funds
$1,200 billion
Traveler's checks
$50 billion
Large time deposits
$1,200 billion
Currency
$200 billion
Miscellaneous categories in M2
$50 billion

• A)M1 = $800 billion, M2 = $4,950 billion.
• B)M1 = $250 billion, M2 = $6,050 billion.
• C)M1 = $850 billion, M2 = $4, 900 billion.
• D)M1 = $850 billion, M2 = $6,100 billion.

---

Definitions:

Vasoconstriction

The narrowing of blood vessels, which increases blood pressure by reducing the volume of blood flow.

Growth Hormone

Hormone that stimulates general growth of the individual; stimulates cellular amino acid uptake and protein synthesis; also called somatotropin.

Atrial Natriuretic Hormone

A hormone secreted by the atria of the heart in response to volume expansion and increased blood pressure, inducing diuresis and vasodilation, and reducing blood pressure.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, critical for maintaining bodily functions.