Use the information below to answer the following questions.
Fact 24.1.2
In July 2011, currency held by individuals and businesses was $57 billion; chequable deposits owned by individuals and businesses were $211 billion; non-chequable personal deposits were $163 billion; non-chequable business deposits were $29 billion; and fixed term deposits were $303 billion. Consider Fact 24.1.2. M2 is
a. $763 billion.
b. $57 billion.
c. $460 billion.
d. $431 billion
e. $268 billion.

Q&A Education