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Given the Following Information,what Would Be the Value of M2

Question 54

Multiple Choice

Given the following information,what would be the value of M2?
 Small time deposits $650 billion  Checking deposits $300 billion  Savings-type accounts $750 billion  Money market mutual funds $600 billion  Travelers’ checks $25 billion  Large time deposits $600 billion  Cash in hand $100 billion \begin{array}{|l|l}\hline \text { Small time deposits } & \$ 650 \text { billion } \\\text { Checking deposits } & \$ 300 \text { billion } \\\text { Savings-type accounts } & \$ 750 \text { billion } \\\text { Money market mutual funds } & \$ 600 \text { billion } \\\text { Travelers' checks } & \$ 25 \text { billion } \\\text { Large time deposits } & \$ 600 \text { billion } \\\text { Cash in hand } & \$ 100 \text { billion }\end{array}


A) $400 billion
B) $100 billion
C) $425 billion
D) $1,825 billion

Correct Answer:

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