Question: Using the information below compute the M 1 money supply. Part 2 Category Amount Currency and coin held by the public $ 6 0 0

Using the information below compute the M1 money supply.
Part 2
Category
Amount
Currency and coin held by the public
$600600
Checking account balances
$800800
Traveler's checks
$10
Savings account balances
$3 comma 1003,100
Small denomination time deposits
$5,000
Money market deposit accounts in banks
$1,000
Noninstitutional money market fund shares
$2,000
Part 3
The M1 money supply is equal to:
$enter your response here

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