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nswer the following questions 1. Go to the St. Louis Federal Reserve FRED database and find data on the total assets of all commercial banks

image text in transcribed nswer the following questions 1. Go to the St. Louis Federal Reserve FRED database and find data on the total assets of all commercial banks (TLAACBM027SBOG) and the total assets of money market mutual funds (MMMFFAQ027S). Transform the commercial bank assets series to quarterly by adjusting the Frequency setting to "Quarterly." Calculate the percent increase in growth of assets for each series, from January 2000 to the most recent quarter available. Which of the two financial intermediaries has experienced the most growth? 2. Go to the St. Louis Federal Reserve FRED database and find data on federal debt held by the Federal Reserve (FDHBFRBN), by private investors (FDHBPIN), and by international and foreign investors (FDHBFIN). Using these series, calculate the total amount held and the percentage held in each of the three categories for the most recent quarter available. Repeat for the first quarter of 2000, and compare the results. 3. Go to the St. Louis Federal Reserve FRED database and find data on currency (CURRSL), demand deposits (DEMDEPSL), and other checkable deposits (OCDSL). Calculate the M1 money supply, and calculate the percentage change in M1 and in each of the three components of M1 from the most recent month of data available to the same time one year prior. Which component has the highest growth rate? The lowest growth rate? 4. If mortgage rates rise from 5% to 10%, but the expected rate of increase in housing prices rises from 2% to 9%, are people more or less likely to buy houses

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