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FRED QUESTIONS M1FRED Code M1SLM2FRED Code: M2SLU.S. Population: FRED Code: Pop 1. a. What was the level of M2 in millions of dollars in December
FRED QUESTIONS
M1FRED Code M1SLM2FRED Code: M2SLU.S. Population: FRED Code: Pop
1. a. What was the level of M2 in millions of dollars in December 2014? 11,692.7
b. Measured as $ per person, what was M2 per capita in December 2014?
c. Produce a graph showing monthly M2 per capita from December 2010 to May 2017.
2.Produce a graph showing annual M2 divided by annual M1 from 1987 to 2015. When this
ratio rises, M2 outpaces M1, and vice versa.
a. Which usually grows faster: M1 or M2?
b. What is the long-run pattern?
c.Is the pattern stable?
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