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Exhibit: Money in the Economy

-(Exhibit: Money in the Economy) 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

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Exhibit: Money in the Economy
 
-(Exhibit: Money in the Economy) 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 total $100 billion because the total supply of money measured by M2 is $750 billion, and the components shown in the table add up to $650 billion. Therefore, the unshown components must equal the difference, which is $100 billion.

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