Question: 2. Given the following information, what would be the value of M1? (4 points) Small time deposits $650 billion Checking deposits Savings-type accounts $300

2. Given the following information, what would be the value of M1?

2. Given the following information, what would be the value of M1? (4 points) Small time deposits $650 billion Checking deposits Savings-type accounts $300 billion $750 billion Money market mutual funds $600 billion Travelers' checks $ 25 billion Large time deposits $600 billion Cash in hand $100 billion

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