The table below presents data for different components of the U S money supply in January2008 Use the information in the table to answer the questions that follow (all values are in billions of dollars) Components Amount Currency $758 Checkable deposits $615 Money market account $950 Savings $3,868 Small denomination time deposits $1,282 Traveler's checks $6 3 Month U S Treasury bills $2,431 In January2008, the total value of M1 was $ billion In January2008, the total value of M2 was $ billion

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Question: The table below presents data for different components of the U.S. money supply in January2008. Use the information in the table to answer the questions

The table below presents data for different components of the U.S. money supply in January2008. Use the information in the table to answer the questions that follow (all values are in billions of dollars):

Components	Amount
Currency	$758
Checkable deposits	$615
Money market account	$950
Savings	$3,868
Small-denomination time deposits	$1,282
Traveler's checks	$6
3-Month U.S. Treasury bills	$2,431

In January2008, the total value of M1 was $_____ billion.

In January2008, the total value of M2 was $______ billion.

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