Determine the size of the demand deposits component of the M1 money supply using the following information.
Question:
Currency ......... $350 million
Traveler’s checks ....... $10 million
Other checkable deposits .. $200 million
Small time deposits ..... $100 million
M1 money supply ..... $800 million
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Related Book For 
Introduction to Finance Markets Investments and Financial Management
ISBN: 978-1118492673
15th edition
Authors: Melicher Ronald, Norton Edgar
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