Goal:Drawscatter plotsof thegrowth rate of monetary aggregates(Narrow definition & Broad definition)andinflation rateinthe United States, South Korea, and one country of your choice.In sum, you need to draw 6 scatter plots.

• Narrow monetary aggregate indicates Monetary base or M1 depending on the website you refer. Broad monetary aggregate indicates M2 or M3 depending on the data source. Indicate the data source you refer and specify what monetary aggregate you utilize.
• One possible data source you can use is OECD data site.https://data.oecd.orgYou can use other data sources if you want.
• Horizontal axis variable is monetary aggregate growth rate and vertical axis variable is inflation rate.
• Data range is from 1970 to the most recent one. Utilize quarterly or monthly data if possible. If the available data does not reach to 1970, then you can utilize a shorter period. If quarterly or monthly data is not available, then annual data is ok.