Answer:
M1 is equal to $ 4 trillion
Explanation:
M1 money supplies are liquid money supplies like cash, checkable deposits, traveler's check etc. It is equal to;
M1= coins and currency in circulation + checkable (demand) deposit + traveler's check.
M2 money supply are less liquid and is equated as;
M2 = M1 + savings deposit + money market fund + certificates of deposit + other time deposits.
Savings = $7 trillion
Checkable deposit = $3 trillion
Money market fund = $1 trillion
Currency = $1 trillion
Certificates of deposit = $1 trillion
M1 = currency + checkable deposit
= $1 + $ 3
= $4 trillion.
Answer: Scope resolution operator(::)
Explanation: A member function and the constructor can be called within the function easily but for the execution of the these components outside the class , a special operator is required to call the functions. The scope resolution operator(::) preceding with the name of class is thus used for defining of the function outside class.This operator maintains the cope of the function and constructor outside the class.
