Money supply measures,April 2002 Symbol Assets included Amount (billions) C Currency $598.7 M1 C demand deposits, 1174.0 travelers'checks, other checkable deposits M2 M1 small time deposits, 5480.1 savings deposits, money market mutual funds, money market deposit accounts M3 M2 large time deposits, 8054.4 repurchase agreements, institutional money market mutual fund balances CHAPTER 7 Money and Inflation slide 8CHAPTER 7 Money and Inflation slide 8 Money supply measures, April 2002 _Symbol Assets included Amount (billions)_ C Currency $598.7 M1 C + demand deposits, 1174.0 travelers’ checks, other checkable deposits M2 M1 + small time deposits, 5480.1 savings deposits, money market mutual funds, money market deposit accounts M3 M2 + large time deposits, 8054.4 repurchase agreements, institutional money market mutual fund balances 1