Given the Following Information, What Are the Values of M1

question 120

Multiple Choice

Given the following information, what are the values of M1 and M2? Small time deposits
$1,100 billion
Demand deposits and other checkable deposits
$800 billion
Savings deposits
$1,350 billion
Money market mutual funds
$900 billion
Traveler's checks
$30 billion
Large time deposits
$750 billion
Currency
$150 billion
Miscellaneous categories in M2
$40 billion

• A)M1 = $830 billion, M2 = $4,370 billion.
• B)M1 = $980 billion, M2 = $4,370 billion.
• C)M1 = $980 billion, M2 = $3, 390 billion.
• D)M1 = $1,020 billion, M2 = $3,390 billion.

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Definitions:

Bad Drivers

Individuals who consistently engage in unsafe driving behaviors, such as speeding, not adhering to traffic signals, or distracted driving.

Commission

A fee paid to an agent or employee for transacting a sale, which is often a percentage of the sale price.

Sale Probability

The likelihood or chance that a product or service will be sold within a given timeframe.

Shirk

The act of avoiding or neglecting duties and responsibilities, often in the workplace.