Saturday, April 2, 2016

Calculation for M2


If you hold $25 in cash, have $150 in a checking account, and have $250 in a savings account, 

how much of M2 do you have?


#Parkin #11edition #Money #PriceLevel #Inflation #Chapter25
 
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1 comment:

  1. Rully MangunsongApril 2, 2016 at 8:41 AM

    Answer:
    All of the assets mentioned are included in M2, so you have $25 + $150 + $250 = $425 of M2.

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