Suppose that there is $80,000 in checking accounts, $200,000 in bonds, $100,000 in savings accounts, $300,000 in cash an
Posted: Sun Jul 03, 2022 12:58 pm
Question 4 (10 pointel
Suppose that there is $80,000 in checking accounts, $200,000 in bonds, $100,000 in savings accounts, $300,000 in cash and coins, $25,000 in traveler's checks, $50,000 in certificates of deposits, $400,000 in the stock market, and $15,000 in money market mutual funds. Solve for M1. O a) $300,000 Ob) $405,000 c) $770,000 Od) None of the above