Need some Macroeconomic Help..?

Question

Use the following table on the components of money in a hypothetical economy.

Money Component Amount

Travelers' checks $ 100

Currency $ 2,000

Small-demonmination time deposits $ 3,500

Repurchase agreements $ 2,000

Demand deposits $ 5,000

Other checkable deposits $ 9,000

US Treasury bonds $ 25,000

Large-denomination time deposits $ 8,000

Retail money market mutual funds $ 7,500

1. What is the value of M1 in the above table?

2. What is the value of M2 in the above table?

3. What is the value of M3 in the above table?

Answer 1

1: M1=$16'100

2: M2=$27'100

3: M3=$62'100

Amount.Type

100.......M1

2'000.....M1

3'500.....M2

2'000.....M3

5'000.....M1

9'000.....M1

25'000...M3

8'000.....M3

7'500.....M2

Answer 2

i agree with Jurij-EU