$$\begin{array} { | l | l | }
\hline \text { Component } & \begin{array} { l }
\text { Amount } \
\text { (billions of } \
\text { dollars) }
\end{array} \
\hline \begin{array} { l }
\text { Money market } \
\text { mutual fund } \
\text { deposits }
\end{array} & 4,400 \
\hline \text { Time deposits } & 1,237 \
\hline \text { Savings deposits } & 1,589 \
\hline \text { Checking deposits } & 752 \
\hline \text { Currency } & 609 \
\hline
\end{array}$$
-Based on the data in the table above, what is the value of M1?
A) $1,361 billion
B) $2,950 billion
C) $752 billion
D) $609 billion

Question

$$\begin{array} { | l | l | } 
\hline \text { Component } & \begin{array} { l } 
\text { Amount } \
\text { (billions of } \
\text { dollars) }
\end{array} \
\hline \begin{array} { l } 
\text { Money market } \
\text { mutual fund } \
\text { deposits }
\end{array} & 4,400 \
\hline \text { Time deposits } & 1,237 \
\hline \text { Savings deposits } & 1,589 \
\hline \text { Checking deposits } & 752 \
\hline \text { Currency } & 609 \
\hline
\end{array}$$
-Based on the data in the table above, what is the value of M1?
A) $1,361 billion
B) $2,950 billion
C) $752 billion
D) $609 billion

Quizplus · Accepted Answer

The Answer of $$\begin{array} { | l | l | } 
\hline \text { Component } & \begin{array} { l } 
\text { Amount } \
\text { (billions of } \
\text { dollars) }
\end{array} \
\hline \begin{array} { l } 
\text { Money market } \
\text { mutual fund } \
\text { deposits }
\end{array} & 4,400 \
\hline \text { Time deposits } & 1,237 \
\hline \text { Savings deposits } & 1,589 \
\hline \text { Checking deposits } & 752 \
\hline \text { Currency } & 609 \
\hline
\end{array}$$
-Based on the data in the table above, what is the value of M1?
A) $1,361 billion
B) $2,950 billion
C) $752 billion
D) $609 billion

-Based on the Data in the Table Above, What Is