Based on the Following Information,the Value of the M1 Measure

question 42

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 ______. $$\begin{array} { l r } { \text { Assets } } & \text { Billions of Dollars } \\\text { Currency } & 20 \\\text { Demand deposits } & 300 \\\text { Money market mutual funds } & 800 \\\text { Travelers' checks } & 10 \\\text { Savings deposits } & 1,800 \\\text { Other checkable deposits } & 200 \\\text { Small denomination time deposits } & 1,100\end{array}$$

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Definitions:

Vocational School

An educational institution that provides specialized training and education targeted toward particular careers or trades.

Flexible Budget

A flexible budget adjusts expenses based on changes in actual revenue or other activity levels, allowing for more accurate financial planning.

Cost Drivers

Factors that cause a change in the cost of an activity, such as machine hours, labor hours, or material size.

Vocational School

An educational institution that provides training and skills for specific trades or careers, focusing on practical job-related skills.