QUESTION $1(15$ MARKS$)$

The following table shows the money supply of country ABC from $2011$ to $2015.$

Year Currency in

circulation

Demand Deposit M$2$

$201129,139\mathrm{.}2054,032\mathrm{.}21439,666\mathrm{.}21$

$201230,101\mathrm{.}0157,222\mathrm{.}42440,942\mathrm{.}31$

$201331,256\mathrm{.}2765,432\mathrm{.}33460,310\mathrm{.}32$

$201433,867\mathrm{.}0982,103\mathrm{.}23510,332\mathrm{.}50$

$201535,753\mathrm{.}1587,549\mathrm{.}40564,224\mathrm{.}42$

Find:

$($a$)$ M$1$ for each year. $(5$ marks$)$

$($b$)$ Narrow Near money for each year. $(5$ marks$)$

$($c$)$ Broad Near money for each year. $(5$ marks$)$