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Refer to the Table

Question 55

Multiple Choice

 Money Market Mutual Fund Balances Held by Businesses $100 Money Market Mutual Fund Balances Held by Individuals 220 Currency in Banks 10 Currency in Circulation 60 Savings Deposits, Including Money Market Deposit Accounts 50 Large-denominated ($100,000 or more)  Time Deposits 180 Small-denominated ( $100,000 or less)  Time Deposits 80 Checkable Deposits 70\begin{array} { | l | c | } \hline \text { Money Market Mutual Fund Balances Held by Businesses } & \$ 100 \\\hline \text { Money Market Mutual Fund Balances Held by Individuals } & 220 \\\hline \text { Currency in Banks } & 10 \\\hline \text { Currency in Circulation } & 60 \\\hline \text { Savings Deposits, Including Money Market Deposit Accounts } & 50 \\\hline \text { Large-denominated (\$100,000 or more) Time Deposits } & 180 \\\hline \text { Small-denominated ( } \$ 100,000 \text { or less) Time Deposits } & 80 \\\hline \text { Checkable Deposits } & 70\\\hline\end{array} Refer to the table. Money supply M2 for this economy is


A) $480.
B) $130.
C) $490.
D) $630.

Correct Answer:

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