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KoolinIt KoolinIt
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A year ago
Types of Money

Currency held by households and firms$1500​
Savings account deposits in banks 13,500
Noninstitutional money market mutual fund shares  1000
Checking account deposits in banks  6000
Small-denomination time deposits in banks  100
Credit card balances of households and firms  1100

Given the data in the table, M2 in this economy equals ________.

▸ $22,100

▸ $1100

▸ $23,200

▸ $14,600
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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chandlerdeanechandlerdeane
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A year ago
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KoolinIt Author
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A year ago
Just got PERFECT on my quiz
GeorgeNeist
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Smart ... Thanks!
kh540941
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Correct Slight Smile TY
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