-The above table gives assets and deposits for a (small)bank.The bank's deposits that are part of M1 are equal to
A)$1,600.
B)$600.
C)$3,100.
D)$3,130.
E)$30.

Name: -The above table gives assets and deposits for a (small)bank.The bank's deposits that are part of M1 are equal to A)$1,600. B)$600. C)$3,100. D)$3,130. E)$30.
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Question

-The above table gives assets and deposits for a (small)bank.The bank's deposits that are part of M1 are equal to
A)$1,600. 
B)$600. 
C)$3,100. 
D)$3,130. 
E)$30.

Quizplus · Accepted Answer

M1 includes currency in circulation and checkable deposits. The table indicates that the bank's deposits that are part of M1 are $600.

-The Above Table Gives Assets and Deposits for a (Small)bank