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The Above Table Gives Assets and Deposits for a (Small)bank

Question 14

Multiple Choice

 Amount  (dollars)   Checking deposits 600 Savings deposits 1000 Time deposits 1,500 Loans 1,200 Government securities 2,000 Outstanding credit card balances 400 Currency in vault 10 Deposits in reserve account at the Fed 20\begin{array} { l c } \hline & \begin{array} { c } \text { Amount } \\\text { (dollars) }\end{array} \\\hline \text { Checking deposits } & 600 \\\text { Savings deposits } & 1000 \\\text { Time deposits } & 1,500 \\\text { Loans } & 1,200 \\\text { Government securities } & 2,000 \\\text { Outstanding credit card balances } & 400 \\\text { Currency in vault } & 10 \\\text { Deposits in reserve account at the Fed } & 20 \\\hline\end{array}
The above table gives assets and deposits for a (small) bank.
-The bank's deposits that are part of M2
Are equal to


A) $30.
B) $5,100.
C) $1600.
D) $600.
E) $3,100.

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