FINC5090 Formula Sheet

= + + + − = + + +
= +
= − −
= −
$ − € =
$ €⁄
− $ €⁄
$ €⁄

M1 = currency + traveler’s checks + demand deposits + other checkable
deposits
M2 = M1 + small denomination time deposits + savings deposits and money
market deposit accounts + money market mutual fund shares


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