1. Collect monthly money supply data on three components - currency outside banks, demand deposits, and time deposits from the Fiscal Year 2009-10 to 2021-22. Calculate the M1 and M2 for each month. Plot line graphs of M1 and M2 in a single graph with clearly labeled axes. Briefly describe the trends. (10) a) Calculate the month-on-month growth rate of M1 and M2 and on the same graph and compare the trends. (5) b) Calculate the year-on-year growth rate of M1 and M2 each month and plot them in a graph. How do the trends differ from your observations in part (b). (5) c) Find the descriptive statistics (i.e. mean, standard deviation, coefficient of variation, minimum, maximum) for the month-on-month growth rates and year-on-year growth rates. Do the descriptive statistics align with the extent of volatility seen in the graphs? (10)