strayer university

posted by .

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

  • Finance needs help -

    Indicate your specific subject in the "School Subject" box, so those with expertise in the area will respond to the question.

    I would need definitions of M1, M2 and M3, since I don't have the Fed definitions.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. econ

    Consider the following data about the goods market in a hypothetical closed economy. Assume that government expenditure is constant at $200 million. Also assume that there is equilibrium in the goods market at all times. Some of the …
  2. econ

    Consider the following data about the goods market in a hypothetical closed economy. Assume that government expenditure is constant at $200 million. Also assume that there is equilibrium in the goods market at all times. Some of the …
  3. Principal of Finance

    The following information is available to you: travelers' checks = $1 million; coin and paper currency = $30 million; repurchase agree¬ ments and Eurodollars = $15 million; demand deposits = $25 million; retail money market mutual …
  4. Principles of Finance

    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
  5. Finance 100

    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 …
  6. statistics

    Your program has an RDT&E-funded project scheduled to start in July 2005 which is expected to take 12 months to complete. The project is expected to cost a total of $12 million (then-year dollars), with cost expected to be incurred …
  7. Finance

    Following are selected balance sheet accounts for Third State Bank: vault cash  $2 million; U.S. government securities  $5 million; demand deposits  $13 million; nontransactional accounts  $20 million; cash items in process of …
  8. Finance

    Rock Company acquired land 8 years ago for 2.2 million. Today it is valued at 5.8 million. Rock plans to build a new factory on the site which is estimated to cost 21.5 million plus addition building site preparation costs of 3.2 million. …
  9. FIN 100

    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 …
  10. finance

    A bank has currency and coins equal to $20 million in its vaults. It has securities worth $10 million, has borrowings equal to $5 million, and has given out loans equal to $2 million. It also has deposits with the Federal Reserve equal …

More Similar Questions