Question: Calculate M1 and M2 using details from the table given below. Currency = 70 Checkable deposits = 50 Traveler's checks = 30 Savings deposits =

Calculate M1 and M2 using details from the table given below.

Currency = 70

Checkable deposits = 50

Traveler's checks = 30

Savings deposits = 125

Small-denomination time deposits = 75

Non-institutional money market mutual fund shares = 50

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