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3 July, 23:53

Money Market Mutual Find Balances held by Businesses $100 Money Market Mutual Fund Balances held by Individuals 220 Currency in Banks 10 Currency in circulation 60 Savings deposits, including money market deposit accounts 50 Large denominated ($100,000 or more) time deposits 180 Small denominated ($100,000 or less) time deposits 80 Checkable deposts 70 Refer to the above information. The value of the "near-monies" that are part of M2 is:

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  1. 3 July, 23:59
    0
    A

    Explanation:

    M2 = 60+70+50+220+80 = $480

    hence option A is correct

    MZM = $480-80+100 = $500
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