Question: Use the figures in the table below to answer the following questions. Chapter 14 Assignment 2 - Working offline 18. Use the figures in the

Use the figures in the table below to answer the following questions.

Chapter 14 Assignment 2 - Working offline 18. Use the figures in the table below to answer the following questions. Billions Small time deposits $1260 Money-market mutual funds held by businesses 1290 Savings deposits, including money-market deposit accounts 1750 Money-market mutual funds held by individuals 850 Checkable deposits 896 Currency 340 a) What is the value of M1? (b) What is the value of M2

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