Table 9-2

-Refer to Table 9-2. In Year 1, if the supply of money measured by M2 was $650 billion, then the components of M2 not shown in the table must have totaled
A) less than $100 billion.
B) $100 billion.
C) $200 billion.
D) $250 billion.

Question

Table 9-2
 
-Refer to Table 9-2. In Year 1, if the supply of money measured by M2 was $650 billion, then the components of M2 not shown in the table must have totaled
A) less than $100 billion. 
B) $100 billion. 
C) $200 billion. 
D) $250 billion.

Quizplus · Accepted Answer

The components of M2 not shown in the table must have totaled $100 billion. This is because the total of the components shown in the table is $550 billion, and the total of M2 is $650 billion.

Table 9-2 -Refer to Table 9-2. in Year 1, If the Supply