Classify the following information into M1 and M2: (type in…
Classify the following information into M1 and M2: (type in m1 or m2) (…and yes the last one is m2 lol) Small time deposits = $2,200 billion [BLANK-1] Demand deposits and other checkable deposits = $1,700 billion [BLANK-2] Savings deposits = $2,600 billion [BLANK-3] Money market mutual funds = $1,500 billion [BLANK-4] Traveler’s checks = $60 billion [BLANK-5] Large time deposits = $1,500 billion [BLANK-6] Currency = $350 billion [BLANK-7] Miscellaneous categories in M2 = $75 billion [BLANK-8] Given the information above, what are the values of M1 and M2? M1: [BLANK-9] M2: [BLANK-10]
Read DetailsFor the following examples, type in the type of function of…
For the following examples, type in the type of function of money that is being used: Type in: me: medium of exchange sv: store of value ua: unit of account Juan keeps his savings in the form of U.S. Treasury Bonds [BLANK-1] A store clerk labels his products with prices in dollars [BLANK-2] You pull up at a gas station and purchase some gas. [BLANK-3] You pull up at a gas station and tell the cashier to, ‘put $15 dollars on the #3 gas pump.’ [BLANK-4] You trade some dollars to get some bitcoin. [BLANK-5]
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