Table: Money Supply $$\begin{array} { l l }
\hline \text { Reserves held at by banks at the Fed } & \$ 100 \text { billion } \
\text { Currency } & \$ 650 \text { billion } \
\text { Checkable deposits } & \$ 500 \text { billion } \
\text { Savings deposits } & \$ 325 \text { billion } \
\text { Small-time deposits } & \$ 550 \text { billion } \
\text { Large-time deposits } & \$ 670 \text { billion } \
\text { Money market mutual funds } & \$ 270 \text { billion } \
\hline
\end{array}$$
Using information in the table shown, calculate the amount of the monetary base, M1, and M2.

Question

Table: Money Supply $$\begin{array} { l l } 
\hline \text { Reserves held at by banks at the Fed } & \$ 100 \text { billion } \
\text { Currency } & \$ 650 \text { billion } \
\text { Checkable deposits } & \$ 500 \text { billion } \
\text { Savings deposits } & \$ 325 \text { billion } \
\text { Small-time deposits } & \$ 550 \text { billion } \
\text { Large-time deposits } & \$ 670 \text { billion } \
\text { Money market mutual funds } & \$ 270 \text { billion } \
\hline
\end{array}$$ 
Using information in the table shown, calculate the amount of the monetary base, M1, and M2.

Quizplus · Accepted Answer

The Answer of Table: Money Supply $$\begin{array} { l l } 
\hline \text { Reserves held at by banks at the Fed } & \$ 100 \text { billion } \
\text { Currency } & \$ 650 \text { billion } \
\text { Checkable deposits } & \$ 500 \text { billion } \
\text { Savings deposits } & \$ 325 \text { billion } \
\text { Small-time deposits } & \$ 550 \text { billion } \
\text { Large-time deposits } & \$ 670 \text { billion } \
\text { Money market mutual funds } & \$ 270 \text { billion } \
\hline
\end{array}$$ 
Using information in the table shown, calculate the amount of the monetary base, M1, and M2.

Table: Money Supply Using Information in the Table Shown, Calculate the Amount of