Use the Following to Answer Questions: Table: Statistics for a Small

Multiple Choice

Use the following to answer questions: Table: Statistics for a Small Economy $$\begin{array} { l c } \hline \text { Item } & \text { Value in dollars (\$) } \\\hline \text { Cash held by public } & 7 \text { million } \\\text { Small-time deposits } & 30 \text { million } \\\text { Money market mutual funds } & 18 \text { million } \\\text { Checkable deposits } & 36 \text { million } \\\text { Currency \& total reserves at the Fed } & 12 \text { million } \\\text { Large-time deposits } & 20 \text { million } \\\text { Demand deposits } & 14 \text { million } \\\hline\end{array}$$
-(Table: Statistics for a Small Economy) Refer to the table. The table shows some statistics for a small economy. Using only the information provided, M1 in this country amounts to:

A) $69 million.
B) $57 million.
C) $43 million.
D) $50 million.