Refer to the Accompanying Table

$$\begin{array} { | l | c | } \hline { \text { Item } } & \text { Billions of Dollars } \\\hline \text { Checkable Deposits } & \$ 597 \\\hline \text { Small Time Deposits } & 818 \\\hline \text { Currency } & 639 \\\hline \text { Money-Market Mutual Funds Held by Businesses } & 1,045 \\\hline \text { Savings Deposits, Including Money-Market Deposit Accounts } & 2,866 \\\hline \text { Money-Market Mutual Funds Held by Individuals } & 979 \\\hline\end{array}$$ Refer to the accompanying table. The value of the money included in M2 but not counted in M1 is

A) $1,457 billion.
B) $4,442 billion.
C) $2,886 billion.
D) $4,663 billion.

Correct Answer:

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