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

Coins and Currency in Circulation1100
Checkable Deposits1
Traveler's Checks1600
Savings Accounts9000
Money Market Mutual Funds500
Time Deposits700

Using the data above, calculate M1 for Slovenia.

billion

 

Hint


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

Coins and Currency in Circulation1500
Checkable Deposits3
Traveler's Checks1200
Savings Accounts7500
Money Market Mutual Funds400
Time Deposits700

Using the data above, calculate M2 for Mexico.

billion

 

Hint