Table 16-1 -Refer to Table 16-1

Multiple Choice

Table 16-1. The information in the table pertains to an imaginary economy. $\begin{array}{|l|l|}\hline \text { Type of Money } & \text { Amount } \\\hline \text { Large time deposits } & \$ 80 \text { billion } \\\hline \text { Small time deposits } & \$ 75 \text { billion } \\\hline \text { Demand deposits } & \$ 75 \text { billion } \\\hline \text { Other checkable deposits } & \$ 40 \text { billion } \\\hline \text { Savings deposits } & \$ 10 \text { billion } \\\hline \text { Traveler's checks } & \$ 1 \text { billion } \\\hline \text { Money market mutual funds } & \$ 15 \text { billion } \\\hline \text { Currency } & \$ 110 \text { billion } \\\hline \text { Credit card balances } & \$ 10 \text { billion } \\\hline \text { Miscellaneous categories of M2 } & \$ 25 \text { billion } \\\hline\end{array}$

-Refer to Table 16-1. What is the M2 money supply?

A) $125 billion
B) $296 billion
C) $351 billion
D) $431 billion