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    Ashunda

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    ECON312

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    Economics

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Question

A savings and loan associate has $600 in check able deposits $1,880 in home loans $1,100 in savings deposits $600 in government securities $850 in time deposits $70 in currency no reserve deposit at the Fed calculate the S&L's total deposit that are part of M1, and deposits that are part of M2.

  • The S&L's total deposits are $_?
  • Deposits that are part of M1 are $_?
  • Deposits that are part of M2 are$_?
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