Use FRED (http://research.stlouisfed.org/fred2/ categories), which stands for Federal Reserve Economic Database, Money, Banking, and Finance, to locate

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Use FRED (http://research.stlouisfed.org/fred2/

categories), which stands for Federal Reserve Economic Database, “Money, Banking, and Finance,” to locate monetary data for M1 money and M2 money

(monthly data of each stock, seasonally adjusted).

How do the two series relate in size? How do the changes in the two series compare to one another?

Does your understanding of the definitions of M1 and M2 help you make sense of what you observe?

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Related Book For  book-img-for-question

Principles Of Economics In Context

ISBN: 9780765638823

1st Edition

Authors: Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras

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