-Based on the Data in the Table Above,what Is the \\
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$\begin{array}{|l|c|}\hline {\text { Component }} & \begin{array}{c}\text { Amount } \\\text { (billions of dollars) }\end{array} \\\hline \text { Money market mutual } & 4,400 \\\hline \text { fund deposits } & 1,237 \\\hline \text { Time deposits } & 1,589 \\\hline \text { Savings deposits } & 752 \\\hline \text { Checking deposits } & 609\\\hline \end{array}$
-Based on the data in the table above,what is the value of M2?

A) $2,950 billion
B) $4,187 billion
C) $4,400 billion
D) $8,587 billion

Correct Answer:

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