2009 2010 2011 2012

A.	Currency	920	930	932	937
B.	Money market mutual fund shares	677	682	680	689
C.	Saving account deposits	5,700	5,980	6,168	6,305
D.	Money market deposit accounts	1,205	1,236	1,265	1,320
E.	Demand and checkable deposits	1,000	972	980	993
F.	Small-denomination time deposits	820	851	1,113	1,556
G.	Traveler's checks	3	3	2	1
H.	3-month Treasury bills	1,976	2,364	2,426	2,492

The table shows hypothetical values, in billions of dollars.

Use the table to calculate the M1 and M2 money supply for each year. (Enter your responses rounded to the nearest dollar.)

	2009	2010	2011	2012
Total M1	____	____	____	____
Total M2	____	____	____	____

Answer rating: 100% (QA)

To calculate the M1 and M2 money supply for each year we need to sum up the relevant components for ... View the full answer