Question 51 / 142:  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
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Macroeconomics MCQ

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