A bank has chequable deposits of $400,savings deposits of $900,other deposits of $900,loans of $950,government securities of $900,outstanding credit card balances of $400,currency of $40 held at the bank,and deposits in its reserve account at the Bank of Canada of $40.What amount of this bank's deposits are in the form of M2+?

Question

Quizplus · Accepted Answer

The Answer of A bank has chequable deposits of $400,savings deposits of $900,other deposits of $900,loans of $950,government securities of $900,outstanding credit card balances of $400,currency of $40 held at the bank,and deposits in its reserve account at the Bank of Canada of $40.What amount of this bank's deposits are in the form of M2+?

A Bank Has Chequable Deposits of $400,savings Deposits of $900,other