GNP and Four Measures of Money Stock Source: Economic Report of the President, 1985, GNP data from Table B-1, p. 232; money stock data from Table B-61, p. 303.
1 | data('Table5_6')
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Year
GNP: Gross Nacional Product
M1: Currency + Demand deposits + Travelers checks and other checkable deposits (OCDs)
M2: M1 + Overnight RPs and Eurodollars + MMMF (Money market mutual fund) balances + MMDAs (Money market deposit accounts) + Savings and small deposits
M3: M2 + Large time deposits + Term RPs + Institutional MMMF
L: M3 + Other liquid assets
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