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-According to the Table Above,the Value of M1 Is ________

Question 38

Multiple Choice

 Component  Amount  (billions of dollars)   Currency 300 Checking deposits 600 Savings deposits 450 Traveler’s checks 10 Time deposits 1,200 Money market mutual  funds 1,100 Available credit on credit  cards 900\begin{array} { | c | c| } \hline { \text { Component } } & \begin{array} { c } \text { Amount } \\\text { (billions of dollars) }\end{array} \\\hline \text { Currency } & 300 \\\hline \text { Checking deposits } & 600 \\\hline \text { Savings deposits } & 450 \\\hline \text { Traveler's checks } & 10 \\\hline \text { Time deposits } & 1,200 \\\hline \begin{array} { l } \text { Money market mutual } \\\text { funds }\end{array} & 1,100 \\\hline \begin{array} { l } \text { Available credit on credit } \\\text { cards }\end{array} & 900 \\\hline\end{array}
-According to the table above,the value of M1 is ________ and the value of M2 is ________.


A) $860 billion; $2,750 billion
B) $910 billion; $1,960 billion
C) $860 billion; $4,560 billion
D) $910 billion; $3,660 billion

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