A savings and loan associate has $600 in check able deposits $1,880 in home loans $1,100 in

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A savings and loan associate has

$600 in check able deposits

$1,880 in home loans

$1,100 in savings deposits

$600 in government securities

$850 in time deposits

$70 in currency

no reserve deposit at the Fed

calculate the S&L's total deposit that are part of M1, and deposits that are part of M2.

The S&L's total deposits are $_?

Deposits that are part of M1 are $_?

Deposits that are part of M2 are$_?

Related Book For answer-question

Foundations of Macroeconomics

ISBN: 978-0132831000

6th edition

Authors: Robin Bade, Michael Parkin

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Posted Date: Mar 25, 2024 03:08 AM

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A savings and loan associate has $600 in check able deposits $1,880 in home loans $1,100 in

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M1 Money Supply M1 includes Rectangular Snip 1 Currency in circulation and held by the pu... View the full answer

Foundations of Macroeconomics

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