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35. Consider the following data: currency (held outside banks) = $354 billion, checkable deposits = $250 billion, traveler's checks = $4 billion, small-denomination time deposits = $200 billion, savings deposits = $100 billion, retail money market mutual funds = $160 billion. M1 equals __________ billion and M2 equals __________ billion.Select one:a. $608; $1,068b. $708; $1,038c. $708; $948d. $694; $1,038e. none of the above

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