Enable text based alternatives for graph display and drawing entry

Try another version of these questions

Consider the following statistics for the banking sector in Canada displayed in the table below (all numbers in billions of domestic currency).

Coins and Currency in Circulation1500
Checkable Deposits4
Traveler's Checks2000
Savings Accounts7200
Money Market Mutual Funds400
Time Deposits800

Using the data above, calculate M1 for Canada.

billion

 

Hint


Consider the following statistics for banking sector in Norway displayed in the table below (all numbers in billions of domestic currency).

Coins and Currency in Circulation1300
Checkable Deposits5
Traveler's Checks1400
Savings Accounts7500
Money Market Mutual Funds600
Time Deposits800

Using the data above, calculate M2 for Norway.

billion

 

Hint