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fabz06 fabz06
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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:
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Hollywood1971Hollywood1971
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A year ago
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