Suppose that over the last 12 months you earned $65,000. Assume that of this amount you hold $11,000 in cash, deposit $23,000 in your checking account, and deposit $22,000 in your savings account. Then, using the M1 definition, the amount of money you typically have is . (Hint: Please round your answer to two decimal places.) Given the amounts, your own personal velocity is, ____which ___ a typical velocity because it is _____ the velocity of the U.S. economy.