Based on the following information, the value of the M1 measure of the money supply is ______ and the value of the M2 measure of the money supply is ______. 
A) $530 billion; $3,700 billion
B) $330 billion; $4,230 billion
C) $520 billion; $4,320 billion
D) $530 billion; $4,230 billion
Correct Answer:
Verified
Q1: The M1 measure of money consists of
Q14: Money serves as a basic yardstick for
Q17: The three functions of money are:
A)spending for
Q21: Commercial banks create new money:
A)when they increase
Q27: Savings deposits are _ the M1 measure
Q33: Assets of the commercial banking system include:
A)reserves
Q35: Money market mutual funds are _ the
Q40: Credit card balances are not considered to
Q41: In Macroland there is $1,000,000 in currency
Q59: The money supply will increase by a
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