Question : 91.RefertoTable29-1.Whatis the valueof M1 in billionsof dollars? a.$1,915billion b.$1,900billion c.$2,665billion d.$2,825billion 92.RefertoTabl : 1262032

 

91.RefertoTable29-1.Whatis the valueof M1 in billionsof dollars?

a.$1,915billion

b.$1,900billion

c.$2,665billion

d.$2,825billion

92.RefertoTable29-1.Whatis the valueof M2 in billionsof dollars?

a.$9,815billion

b.$8,315billion

c.$7,565billion

d.$7,405billion

 

Table29-2.

Theinformationinthetablepertainstoanimaginaryeconomy.

TypeofMoney

Amount

Largetimedeposits

$120billion

Smalltimedeposits

$80billion

Demanddeposits

$300billion

Othercheckabledeposits

$50billion

Savingsdeposits

$65billion

Traveler’schecks

$5billion

Moneymarketmutualfunds

$200billion

Currency

$150billion

Creditcardbalances

$300billion

MiscellaneouscategoriesofM2

$30billion

 

93.RefertoTable29-2.WhatistheM1moneysupply?

a.$705billion

b.$570billion

c.$505billion

d.$585billion

94.RefertoTable29-2.WhatistheM2moneysupply?

a.$1,300billion

b.$580billion

c.$880billion

d.$1,000billion

95.Giventhefollowinginformation,whatarethevaluesofM1andM2?

Smalltimedeposits$600 billion

Demand depositsandothercheckabledeposits$400billion

Savingsdeposits$800billion

Moneymarketmutualfunds$700 billion

Traveler’schecks$30billion

Largetimedeposits$400billion

Currency$250billion

MiscellaneouscategoriesinM2$20billion

a.M1=$650billion,M2=$2,830billion.

b.M1=$400billion,M2=$3,080billion.

c.M1=$680billion,M2=$2,800billion.

d.M1=$680billion,M2=$3,200billion.

96.Giventhefollowinginformation,whatarethevaluesofM1andM2?

Smalltimedeposits$2,200billion

Demand depositsandothercheckabledeposits$1,700billion

Savingsdeposits$2,600billion

Moneymarketmutualfunds$1,500billion

Traveler’schecks$60billion

Largetimedeposits$1,500billion

Currency$350billion

MiscellaneouscategoriesinM2$75billion

 

a.M1=$4,310billion,M2=$6,285billion.

b.M1=$2,050billion,M2=$9,985billion.

c.M1=$2,110billion,M2=$8,485billion.

d.M1=$3,610billion,M2=$9,985billion.

97.Giventhefollowinginformation,whatarethevaluesofM1andM2?

Smalltimedeposits$1,800billion

Demand depositsandothercheckabledeposits$1,000billion

Savingsdeposits$1,400billion

Moneymarketmutualfunds$1,000billion

Traveler’schecks$50billion

Largetimedeposits$600billion

Currency$300billion

MiscellaneouscategoriesinM2$50billion

 

a.M1=$3,150billion,M2=$6,200billion.

b.M1=$1,350billion,M2=$5,600billion.

c.M1=$1,400billion,M2=$6,200billion.

d.M1=$1,300billion,M2=$5,600billion.

98.OnesurprisingthingabouttheU.S.moneystockisthat

a.banksholdsomuchcurrencyrelativetothepublic.

b.thepublicholdssomuchcurrencyrelativetobanks.

c.thereissolittlecurrencyperperson.

d.thereissomuchcurrencyperperson.

99.TheamountofcurrencyperpersonintheUnitedStatesisabout

a.$110.

b.$300.

c.$2,450.

d.$4,490.

100.IntheU.S.,theaverageadultholdsabout$4,490in

a.currency.

b.wealth.

c.M1.

d.M2.

101.WhichofthefollowingmightexplainwhytheUnitedStateshassomuchcurrencyperperson?

a.U.S.citizensareholdingalotofforeigncurrency.

b.Currencymaybeapreferablestoreofwealthforcriminals.

c.Peopleusecreditanddebitcardsmorefrequently.

d.Alloftheabovehelpexplaintheabundanceofcurrency.

102.IntheUnitedStates,currencyholdingsperpersonaverageabout

a.$110;oneexplanationforthisrelativelysmallaverageisthatmanypeopleusecreditanddebitcardstomaketransactions.

b.$110;oneexplanationforthisrelativelysmallaverageisthatU.S.citizensholdalotofforeigncurrency.

c.$4,490;oneexplanationforthisrelativelylargeamountisthatcriminalsprobablyprefercurrencyasamediumofexchange.

d.$4,490;oneexplanationforthisrelativelylargeaverageisthatU.S.citizensholdalotofforeigncurrency.

 

 

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