1. An important aspect of the supply of money is reserve balances. Go to www.federalreserve.gov/Releases/h41/ and locate...

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1. An important aspect of the supply of money is reserve balances. Go to www.federalreserve.gov/Releases/h41/

and locate the most recent release. This site reports changes in factors that affect depository reserve balances.

a. What is the current reserve balance?

b. What is the change in reserve balances since a year ago?

c. Based on Questions a and

b, does it appear that the money supply should be increasing or decreasing?

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