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I need urgent help to help in explaining this answer. NE3-12 ,4-11, Ap3-17, 4-17 NE 3-12 Get a copy of the latest Federal Reserve Bulletin
I need urgent help to help in explaining this answer.
NE3-12 ,4-11, Ap3-17, 4-17 NE 3-12 Get a copy of the latest Federal Reserve Bulletin at your library (or go to the Internet at www .federalreserve.gov), and find the most recent data on M1 and M2. How have these aggregates been growing in the past year compared with the values in Figure 3.2? If you can, download the data from the Internet, or enter them by hand into a spreadsheet, and see if you can plot the data to compare with Figure 3.2. Can you explain why the growth rates have changed recently? Table 1 Money Stock Measures. Billions of dollars. Date Jan. 2015 Feb. 2015 Mar. 2015 Apr. 2015 May-15 Seasonally adjusted M1 M2 Not seasonally adjusted M1 M2 Change in Perchange M1 2,930.70 11,706.70 2,937.30 11,726.90 2,984.80 11,803.30 2,975.80 11,815.40 2,990.70 11,839.20 3,020.10 11,925.40 0.20% 2,994.80 11,890.90 3,031.60 11,973.60 2,988.60 11,927.80 2,971.90 11,876.90 Jun-15 3,015.00 11,975.20 3,016.70 11,931.40 Jul-15 Aug. 2015 Sept. 2015 Oct. 2015 Nov. 2015 Dec. 2015 Jan. 2016 Feb. 2016 Mar. 2016 Apr. 2016 May-16 3,034.20 12,036.10 3,035.10 11,983.00 0.14% -0.21% 0.88% 0.64% 3,041.20 12,100.40 3,018.80 12,040.50 0.23% 3,055.50 12,157.70 3,014.70 12,110.30 0.47% 3,031.80 12,180.70 3,012.50 12,145.50 -0.78% 3,083.40 12,266.30 3,054.50 12,269.80 1.70% 3,079.70 12,313.50 3,139.20 12,399.80 -0.12% 3,091.00 12,436.50 3,093.80 12,453.90 0.37% 3,104.00 12,485.20 3,098.10 12,498.30 0.42% 3,144.50 12,572.70 3,177.80 12,664.90 1.30% 3,176.80 12,652.30 3,213.10 12,743.20 3,224.60 12,728.80 3,209.50 12,672.50 Jun-16 3,231.10 12,803.60 3,232.10 12,757.20 1.03% 1.50% 0.20% ### Jul-16 Aug. 2016 Sept. 2016 Oct. 2016 Nov. 2016 Dec. 2016 3,225.20 12,878.10 3,223.90 12,822.70 -0.18% 3,312.50 12,987.10 3,292.80 12,924.10 2.71% 3,318.10 13,061.20 3,273.00 13,009.80 0.17% 3,340.60 13,138.00 3,315.50 13,097.20 0.68% 3,354.00 13,223.30 3,325.80 13,226.10 0.40% 3,322.60 13,249.20 3,382.80 13,343.50 -0.94% ge in Perchange M2 X= % change in M1 - % change in M2 Avg diff= 0.01% 0.83% 1.02% Average M1 = 0.55% 0.30% -0.11% Average M2= 0.54% 0.44% 0.31% 0.40% 0.51% -0.30% -0.52% 0.49% 0.13% 0.53% -0.30% 0.47% 0.00% 0.19% -0.96% 0.70% 1.00% 0.38% -0.50% 1.00% -0.63% 0.39% 0.03% 0.70% 0.60% 0.63% 0.60% 0.59% 0.39% 0.90% -0.39% 0.58% -0.76% 0.85% 1.86% 0.57% -0.40% 0.59% 0.09% 0.65% -0.25% 0.20% -1.13%Step by Step Solution
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