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:

Local Monopoly

A market structure wherein a single firm dominates the market in a particular geographic area, often due to the absence of viable competitors.

Demand Graphs

Visual representations used to show the relationship between the price of a good and the quantity demanded over a certain period.

Weekend Demand

The level of consumer need or interest for products or services during the weekend period.

Price Discriminating

A pricing strategy where a seller charges different prices for the same product or service to different customers based on their willingness to pay.