Components of Money Supply Money Market Mutual Fund Balances Held by Businesses $ 100 Money Market Mutual Fund Balances Held by Individuals 220 Currency in Banks Currency in Circulation Savings Deposits Large-denominated ($100,000 or more) Time Deposits Small-denominated ($100,000 or less) Time Deposits Checkable Deposits Refer to the table. Money supply M2 for this economy is 10 60 50 180 80 80 $60. $80. $500. $490.
Components of Money Supply Money Market Mutual Fund Balances Held by Businesses $ 100 Money Market Mutual Fund Balances Held by Individuals 220 Currency in Banks Currency in Circulation Savings Deposits Large-denominated ($100,000 or more) Time Deposits Small-denominated ($100,000 or less) Time Deposits Checkable Deposits Refer to the table. Money supply M2 for this economy is 10 60 50 180 80 80 $60. $80. $500. $490.
Chapter14: Banking And The Money Supply
Section: Chapter Questions
Problem 2.3P
Related questions
Question
Transcribed Image Text:Components of Money Supply
Money Market Mutual Fund Balances Held by Businesses $ 100
Money Market Mutual Fund Balances Held by Individuals 220
Currency in Banks
Currency in Circulation
Savings Deposits
Large-denominated ($100,000 or more) Time Deposits
Small-denominated ($100,000 or less) Time Deposits
Checkable Deposits
Refer to the table. Money supply M2 for this economy is
10
60
50
180
80
80
$60.
$80.
$500.
$490.
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