In march 2004 travelers checks in circulation were $8 billion; checkable deposits owned by individuals and businesses were $651 billion; M1 was $1,326 billion, M2 was $6,169 billion; savings deposits were $3,279; and small time deposits were $803 billion.
Calculate currency held by individuals and businesses in March 2004. Calculate money market funds and other deposits in March 2004
In March 2004 currency held by individuals and businesses was $_____ billion
Money market funds and other deposits in March 2004 were $______ billion
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