February 21, 2017

Homework Help: Principles of Finance

Posted by Jason on Sunday, January 13, 2013 at 5:35pm.

Determine the size of the M1 money supply using the following information.

Currency $700 billion

Money market mutual funds $2,000 billion

Demand deposits $300 billion

Other checkable deposits $300 billion

Traveler’s checks $10 billion

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