1&content;_id=-3328838. kenaunchpp?course-assessment-ids-1087591-1&course-id--14

Question

1&content;_id=-3328838. kenaunchpp?course-assessment-ids-1087591-1&course-id--1405646; hosted.cuny Remaining Time: 1 hour, 29 minutes, 48 seconds «Question Completion Status: QUESTION 39 Billions of Dollars TEM Checkable Deposits (DD) Small Time Deposits (TD) Cutrency Money Market Mutual Funds Held by Business (MMMF) Savings Deposits (SD) Money Market Mutual Funds Held by Individuals (MMMF) $597 818 639 ,046 2.866 979 Refer to the table above The size of the M1 (Money Supply) is A $979 billio $1 236 billion C $1 415 bilion 51 618 bllion QUESTION 40

Explanation / Answer

M1 includes only demand deposits and checkable deposits. In the above question demand deposits = 597 and currency =639. The right answer is 1236 billion . Please like answer of you want me to help in future

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