The above table gives assets and deposits for a (small) bank. The ...

[sjones]

The above table gives assets and deposits for a (small) bank. The bank's deposits that are part of M1 are equal to
 
  A) 3,100. B) 3,130. C) 1,600. D) 600. E) 30.

Question 2

If the actual interest rate in the money market is higher than the equilibrium interest rate, there would be an excess supply of money.
 
  Indicate whether the statement is true or false

[raili21]

Answer to Question 1

D

Answer to Question 2

TRUE

[sjones]

Thanks for the timely response, appreciate it

[Dnite]

Excellent