Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
fabz06 fabz06
wrote...
Go to Answer
Posts: 123
Rep: 0 0
A year ago
Types of Money

Currency held by households and firms$4500​
Savings account deposits in banks 13,000
Noninstitutional money market mutual fund shares  500
Checking account deposits in banks 7500
Small-denomination time deposits in banks400​
Credit card balances of households and firms  700

Given the data in the table, M1 in this economy equals ________.

▸ $25,900

▸ $12,000

▸ $25,700

▸ $25,000
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 19 times
1 Reply
Replies
Answer verified by a subject expert
Hollywood1971Hollywood1971
wrote...
#1
Posts: 120
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

fabz06 Author
wrote...

A year ago
Helped a lot
kh540941
wrote...

Yesterday
Thanks
kamikazekota
wrote...

2 hours ago
This site is awesome
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1238 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 704
  
 1402
  
 124
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Do you trust social media networks with protecting your privacy?