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(Table: Money Measure Components, June 2010) Based on the Table Money Measure Components, June 2010\text {Money Measure Components, June 2010}

Question 100

Multiple Choice

(Table: Money Measure Components, June 2010) Based on the table, currency as a percentage of M1 for June 2010 was: Money Measure Components, June 2010\text {Money Measure Components, June 2010}
 Money Component  Amount ($billions)   Currency 883.6 Traveler’s checks 4.8 Demand deposits 467.0 Savings deposits 5,086.1 Small-denomination time deposits 1,054.0 Other checkable deposits 382.0 Retail money funds* 746.6\begin{array} { l c } \text { Money Component } & \text { Amount (\$billions) } \\ \text { Currency } & 883.6 \\ \text { Traveler's checks } & 4.8 \\ \text { Demand deposits } & 467.0 \\ \text { Savings deposits } & 5,086.1 \\ \text { Small-denomination time deposits } & 1,054.0 \\ \text { Other checkable deposits } & 382.0 \\ \text { Retail money funds* } & 746.6 \end{array}
*Includes money market accounts and money market mutual fund accounts\text {*Includes money market accounts and money market mutual fund accounts}


A) 49%.
B) 51%.
C) 55%.
D) 10%.

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