The table to the right shows hypothetical values, in billions of dollars. Use the table to...
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The table to the right 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) Total M1 Total M2 2009 M1 Growth rate M2 Growth rate 2010 2010 Calculate the growth rates of the M1 and M2 money supply from the previous year. (Enter your responses rounded to one decimal place. Use a minus sign to enter negative numbers) 2012 00 2011 2011 2012 Why are the growth rates of M1 and M2 so different? A Currency B. Money market mutual fund shares C. Saving account deposits D. Money market deposit accounts E Demand and checkable deposits F. Small-denomination time deposits G. Traveler's checks H. 3-month Treasury bills 2009 2010 2011 2012 950 960 965 971 677 682 680 689 5,600 5,880 6,068 6,205 1,210 1,241 1,270 1,325 1,020 992 1,000 1,013 810 841 1,103 1,546 5 5 4 3 1,986 2,374 2,436 2.502 The table to the right 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) Total M1 Total M2 2009 M1 Growth rate M2 Growth rate 2010 2010 Calculate the growth rates of the M1 and M2 money supply from the previous year. (Enter your responses rounded to one decimal place. Use a minus sign to enter negative numbers) 2012 00 2011 2011 2012 Why are the growth rates of M1 and M2 so different? A Currency B. Money market mutual fund shares C. Saving account deposits D. Money market deposit accounts E Demand and checkable deposits F. Small-denomination time deposits G. Traveler's checks H. 3-month Treasury bills 2009 2010 2011 2012 950 960 965 971 677 682 680 689 5,600 5,880 6,068 6,205 1,210 1,241 1,270 1,325 1,020 992 1,000 1,013 810 841 1,103 1,546 5 5 4 3 1,986 2,374 2,436 2.502
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Related Book For
The Economics of Money Banking and Financial Markets
ISBN: 978-0133836790
11th edition
Authors: Frederic S. Mishkin
Posted Date:
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