If Currency Outside of Banks Is $800 Billion; Traveler's Checks

Multiple Choice

If currency outside of banks is $800 billion; traveler's checks are $10 billion; checkable deposits owned by individuals and businesses are $700 billion; savings deposits are $4,000 billion; small time deposits are $1,000 billion; and money market funds and other deposits are $800 billion, then M2 equals_{--------------------} billion.

A) $5,800
B) $1,510
C) $7,310
D) $710
E) $2,510