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3. U.S. Money Supply Source: Federal Reserve 14000 12000 10000 8000 In Billions of Dollars 6000 4000 2000 0 2000 Months (a) The following two
3. U.S. Money Supply Source: Federal Reserve 14000 12000 10000 8000 In Billions of Dollars 6000 4000 2000 0 2000 Months (a) The following two curves are the U.S. Money Supply curves from 2000-01 to 2012-07. Please use the knowledge you learned from classes to identify the names of these two Money Supply curves and explain the relationship between them. (10) (b) Recall that Between August 1929 and March 1933, money supply fell by 28%. Was the Fed responsible for M going down
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