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Question 1

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 Circulation1000
Checkable Deposits1
Traveler's Checks1300
Savings Accounts8600
Money Market Mutual Funds600
Time Deposits800

Using the data above, calculate M1 for Slovenia.

billion

 

Hint


Question 2

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 Circulation1300
Checkable Deposits1
Traveler's Checks2000
Savings Accounts8300
Money Market Mutual Funds500
Time Deposits600

Using the data above, calculate M2 for Mexico.

billion

 

Hint