Total value of corporate shares Currency outside chartered banks Chequable notice deposits at chartered banks Publicly held demand deposits at chartered banks Federal government bonds Other liquid assets included in M2+ Nonpersonal term and foreign-currency deposits at chartered banks Personal term deposits at chartered banks Non-chequable notice deposits at chartered banks Chequable notice deposits at near banks Personal term deposits at near banks Non-chequable notice deposits at near banks Based on this data: a. M1+ is $ b. M2 is $ c. M3 is $ d. M2+ is $ billion billion. billion. billion. $500 billion $39 billion $99 billion $42 billion $634 billion $29 billion $265 billion $131 billion $91 billion $86 billion $111 billion $71 billion

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter25: Money, Banking, And The Federal Reserve System
Section: Chapter Questions
Problem 4P
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Total value of corporate shares
Currency outside chartered banks
Chequable notice deposits at chartered banks
Publicly held demand deposits at chartered banks
Federal government bonds
Other liquid assets included in M2+
Nonpersonal term and foreign-currency deposits at chartered banks
Personal term deposits at chartered banks
Non-chequable notice deposits at chartered banks
Chequable notice deposits at near banks
Personal term deposits at near banks
Non-chequable notice deposits at near banks
Based on this data:
a. M1+ is $
b. M2 is $
c. M3 is $
d. M2+ is $
billion
billion.
billion.
billion.
ts
$500 billion
$39 billion
$99 billion
$42 billion
$634 billion
$29 billion
$265 billion
$131 billion
$91 billion
$86 billion
$111 billion
$71 billion
Transcribed Image Text:Total value of corporate shares Currency outside chartered banks Chequable notice deposits at chartered banks Publicly held demand deposits at chartered banks Federal government bonds Other liquid assets included in M2+ Nonpersonal term and foreign-currency deposits at chartered banks Personal term deposits at chartered banks Non-chequable notice deposits at chartered banks Chequable notice deposits at near banks Personal term deposits at near banks Non-chequable notice deposits at near banks Based on this data: a. M1+ is $ b. M2 is $ c. M3 is $ d. M2+ is $ billion billion. billion. billion. ts $500 billion $39 billion $99 billion $42 billion $634 billion $29 billion $265 billion $131 billion $91 billion $86 billion $111 billion $71 billion
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