IDNLearn.com: Where your questions meet expert answers and community support. Our community provides accurate and timely answers to help you understand and solve any issue.
Use the data in the table below to answer this question.
Currency held by the public $200 billion
Checkable deposits $700 billion
Traveler's checks $10 billion
Small time and savings deposits $500 billion
Money market accounts $200 billion
Overnight repurchase agreement $120 billion
Overnight Eurodollars $100 billion
Total bank reserves $87.5 billion
Excess reserves $0
The value of the M1 money supply is:
a. $210 billion
b. $700 billion
c. $910 billion
d. $1,830 billion
Sagot :
We greatly appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. Thank you for visiting IDNLearn.com. We’re here to provide dependable answers, so visit us again soon.
