
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 62
How much would M2 be if M1 were 500; small-denomination time deposits, savings deposits, and money market mutual funds held by individuals totaled 1,200; and large-denomination time deposits were 300?
Explanation
M1 is the sum of currency, demand deposi...
Macroeconomics 11th Edition by Stephen Slavin
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