Use the information below to answer the following questions.
Fact 24.1.2
In July 2011, currency held by individuals and businesses was $57 billion; chequable deposits owned by individuals and businesses were $211 billion; non-chequable personal deposits were $163 billion; non-chequable business deposits were $29 billion; and fixed term deposits were $303 billion.
-Consider Fact 24.1.2. M1 is
A) $57 billion.
B) $268 billion.
C) $431 billion
D) $460 billion.
E) $763 billion.
Correct Answer:
Verified
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