Question: 5. (LO 2) Answer the questions below from the data in Table 8.5. (All figures are in billions of dollars.) a) What is the total

5. (LO 2) Answer the questions below from the data in Table 8.5. (All figures are in billions of dollars.)

a) What is the total currency in circulation?

b) How much larger is M1 than the total currency in circulation?

c) How much larger is M2 than M1?

d) How much larger is M3 than M2?

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