Business, 11.12.2019 03:31, anthmel07

Suppose that a small country currently has $4 million of currency in circulation, $6 million of checkable deposits, $200 million of savings deposits, $40 million of small denominated time deposits, and $30 million of money market mutual fund deposits.
from these numbers, we see that this small country’s m1 money supply is while its m2 money supply is

a. $10 million; $280 million.
b. $10 million; $270 million.
c. $210 million; $280 million.
d. $250 million; $270 million.

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Suppose that a small country currently has $4 million of currency in circulation, $6 million of chec...