Card 52 / 145: Table: The Definition of the Money Supply Type of money Amount (millions) Currency and reserves held by banks at the Fed $50 Currency $100 Checkable deposits $250 Savings deposits $150 Money market mutual funds $25 Small time deposits $10 What is the M2 money supply?
A)
$400 million
B)
$550 million
C)
$585 million
D)
$575 million
Answer:
C) $585 million
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