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According to the information in Table 16.1, M1 is equal toa. $620 billion.
b. $672 billion.
c. $842 billion.
d. $1,012 billion.
Currency held by the public $450 billion Demand deposits   220 billion Other checkable deposits   170 billion Traveler’s checks       2 billion Savings deposits   800 billion Small time deposits     50 billion Money market mutual funds   170 billion