February 26, 2017

Homework Help: strayer university

Posted by kenya on Thursday, July 31, 2014 at 7:19pm.

P5. The following information is available to you: travelers’ checks _
$1 million; coin and paper currency _ $30 million; repurchase agreements and Eurodollars _ $15 million; demand deposits _$25 million; retail money market mutual funds _ $60 million; savings accounts at depository institutions _ $40 million; checkable deposits at depository institutions _ $35 million; large-denomination time deposits _ $50 million; institutional money market mutual
funds _ $65 million; and small-denomination time deposits _$45 million. Using Fed definitions, determine the dollar sizes of the
a. M1 money supply
b. M2 money supply
c. M3 money supply

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