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Calculate m1-m2 and m3

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Reference no: EM132640035

Calculate M1, M2 and M3 using the following information:

Items Billion $

Negotiable certificates 304

Fiat Money 438

Checkable deposits 509

Repurchase agreement 198

Travelers Check 18

Deposits in other financial institutions 326

Saving in commercial banks 637

Reference no: EM132640035

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