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-According to the Table Above, the Value of M1 Is__________

Question 479

Multiple Choice

 Component  Amount  (billions of  dollars)   Currency 235 Checking deposits 570 Savings deposits 416 Traveler’s checks 8 Time deposits 1,144 Money market  mutual  funds 930 Available credit on  credit  cards 675\begin{array} { | l | l | } \hline \text { Component } & \begin{array} { l } \text { Amount } \\\text { (billions of } \\\text { dollars) }\end{array} \\\hline \text { Currency } & 235 \\\hline \text { Checking deposits } & 570 \\\hline \text { Savings deposits } & 416 \\\hline \text { Traveler's checks } & 8 \\\hline \text { Time deposits } & 1,144 \\\hline \begin{array} { l } \text { Money market } \\\text { mutual } \\\text { funds }\end{array} & 930 \\\hline \begin{array} { l } \text { Available credit on } \\\text { credit } \\\text { cards }\end{array} & 675 \\\hline\end{array}
-According to the table above, the value of M1 is__________ and the value of M2 is__________ .


A) $813 billion; $3303 billion
B) $805 billion; $2490 billion
C) $813 billion; $2490 billion
D) $1,488 billion; $3978 billion

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