Based on the Following Information, the Value of the M1

question 75

Multiple Choice

Based on the following information, the value of the M1 measure of the money supply is ______ and the value of the M2 measure of the money supply is ______. $\begin{array}{lr}{\text { Assets }} & \text { Billions of Dollars } \\\text { Currency } & 20 \\\text { Demand deposits } & 300 \\\text { Money market mutual funds } & 800 \\\text { Travelers' checks } & 10 \\\text { Savings deposits } & 1,800 \\\text { Other checkable deposits } & 200 \\\text { Small denomination time deposits } & 1,100\end{array}$

• A) $530 billion; $3,700 billion
• B) $330 billion; $4,230 billion
• C) $520 billion; $4,320 billion
• D) $530 billion; $4,230 billion

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Definitions:

Peripheral Devices

External devices connected to a computer system, providing input/output and additional functionalities, such as printers, mice, and keyboards.

Hard Drives

Hard drives are data storage devices used in computers and servers that use magnetic storage to store and retrieve digital information.

Nonvolatile Storage

A type of storage that retains data even after power off, such as SSDs, flash drives, and hard disks.

Laser

A device that emits a highly focused beam of light, commonly used in various technologies such as cutting and communication.