Refer to the following table to answer the next three questions. Checkable deposits Currency Traveler's checks Money market mutual funds Small time deposits Savings deposits $400,000,000 $340,000,000...


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Refer to the following table to answer the next three questions.<br>Checkable deposits<br>Currency<br>Traveler's checks<br>Money market mutual<br>funds<br>Small time deposits<br>Savings deposits<br>$400,000,000<br>$340,000,000<br>|$4,000,000<br>$50,000,000<br>$6,000,000<br>$850,000,000<br>What is the value of M1?<br>O a) $404,000,000<br>O b) $1,650,000,000<br>Oc) $740,000,000<br>O d) $906,000,000<br>O e) $744,000,000<br>

Extracted text: Refer to the following table to answer the next three questions. Checkable deposits Currency Traveler's checks Money market mutual funds Small time deposits Savings deposits $400,000,000 $340,000,000 |$4,000,000 $50,000,000 $6,000,000 $850,000,000 What is the value of M1? O a) $404,000,000 O b) $1,650,000,000 Oc) $740,000,000 O d) $906,000,000 O e) $744,000,000

Jun 09, 2022
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