Item Billions of Dollars Checkable Deposits $2,000 Small Time Deposits 350 Currency Held by the Public 80 Savings Deposits, Including Money-Market Deposit Accounts 1,300 Money-Market Mutual Funds Held by Individuals 600 Money-Market Mutual Funds Held by Businesses 700 Refer to the above table. The size of the M2 money supply is: $3730. $3980. $4330. $4470.
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From the given table, we can see that the checkable deposits are $2,000, the small time deposits are $350, the savings deposits (including money-market deposit accounts) are $1,300, and the money-market mutual funds held by individuals are $600. To calculate the Show more…
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