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Use the Information Below to Answer the Following Questions

Question 26

Multiple Choice

Use the information below to answer the following questions.
Fact 24.1.2
In July 2011, currency held by individuals and businesses was $57 billion; chequable deposits owned by individuals and businesses were $211 billion; non-chequable personal deposits were $163 billion; non-chequable business deposits were $29 billion; and fixed term deposits were $303 billion.
-Consider Fact 24.1.2. M1 is


A) $57 billion.
B) $268 billion.
C) $431 billion
D) $460 billion.
E) $763 billion.

Correct Answer:

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