Business, 03.07.2019 09:10 naomichristiancn

In october 2010, the amount of money held by individuals and companies was $893.4 bil-
lion; checkable deposits owned by the same individuals and companies were $345.6 billion;
money market funds were $1.9423 trillion; savings deposits were $989.4 billion; finally,
time deposits were $243.8 billion,
what is the m1 for october 2010?
$2.84 trillion or $2,836 billion
$1.24 trillion or $1,239 billion
$1.34 trillion or $$1,335 billion
$1.14 trillion or $1,137 billion

Answers: 2

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In october 2010, the amount of money held by individuals and companies was $893.4 bil-
lion;...