Define money market mutual funds

Assignment Help Microeconomics

Reference no: EM13176856

Given the following information for November 2010, calculate the amounts of M1 and M2 in November 2010. The amounts are in billions of dollars.

Currency $915.0

Demand deposits 507.0

Money market mutual funds (retail only) 711.1

Other checkable deposits 405.2

Savings deposits, including money market deposit accounts 5,317.9

Small-denomination time deposits 943.3

Traveler's checks 4.7

Reference no: EM13176856

Questions Cloud

Write the labor content of the commodities on the price sign : Doesn't the labor theory of value imply that people should write the labor content of their commodities on the price signs instead of amount of money? How would you answer your friend?

Why glucose had a faster reaction with an unknown sugar : why glucose had a faster reaction with an unknown sugar oxidase than fructose did based on the structure of both fructose and glucose.

Explain what is the lewis dot structure : Explain why Lewis dot structure for S2Cl2 IS Cl - S - S - Cl why does the two sulfurs have to be beside each other and the two chlorines have to be the first and last?

What is the necessary level of high-powered money : Suppose further that people want to hold 8 percent of their deposits in the form of cash. Then, if the Fed wants the money supply to be $6,228 billion, what is the necessary level of high-powered money?

Define money market mutual funds : Given the following information for November 2010, calculate the amounts of M1 and M2 in November 2010. The amounts are in billions of dollars. Currency $..

Explain how many joules of heat must be provided to convert : The heat capacity for liquid water is 4.18 j/g . C, and the heat of vaporization is 40.7 kJ/mol. How many joules of heat must be provided to convert on gram of liquid water at 67 degrees C into one gram of steam at 100 degrees C?

State estimate the temperature at which water will boil : suppose the pressure inside a pressure cooker reaches 1.3 atm. By using the vapor-pressure table, estimate the temperature at which water will boil in this cooker

State the normal melting and boiling points : The normal melting and boiling points of O2 are -218C and -183C respectively. Its triple point is at -219C and 1.14 torr, and its critical point is at -119C and 49.8 atm.

How to derive the equation for the is curve : Suppose the equation for the LM curve is Y=13500+100r. Use this equation to explain the level of income at which there is a zero lower bound on the federal funds rate, the interest rate that the Fed controls.

User Account

All Pages