Macroeconomics 11th Edition by Michael Parkin

تمرين 9

In June 2010, Ml was $1,722 billion; M2 was $8,584 billion; checkable deposits owned by individuals and businesses were $835 billion; time deposits were $1,053 billion; and money market funds and other deposits were $718 billion. Calculate currency and traveler's checks held by individuals and businesses and calculate savings deposits.