Given the information below: ITEMS RM Millions Paper money 5500 Negotiable Certificates 3600 Fixed and Savings Deposit in Commercial Banks 15000 Bank Negara Certificates 12000 If the fiat money is RM8000mil, calculate: a) Coins b) M1 c) M2
Given the information below: ITEMS RM Millions Paper money 5500 Negotiable Certificates 3600 Fixed and Savings Deposit in Commercial Banks 15000 Bank Negara Certificates 12000 If the fiat money is RM8000mil, calculate: a) Coins b) M1 c) M2
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter27: Money And Banking
Section: Chapter Questions
Problem 4SCQ: For the following list of items, indicate If they are in M1, M2, or neither: Your 5,000 line of...
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Given the information below:
ITEMS
RM Millions
Paper money
5500
Negotiable Certificates
3600
Fixed and Savings Deposit in Commercial Banks
15000
Bank Negara Certificates
12000
If the fiat money is RM8000mil, calculate:
a) Coins
b) M1
c) M2
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