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PLEASE SHOW YOUR WORK AND REASOING THANK YOU 3. Go to www.federalreserve.gov and find the M1 and M2 money supply for April, 2018 and April,

PLEASE SHOW YOUR WORK AND REASOING THANK YOU

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3. Go to www.federalreserve.gov and find the M1 and M2 money supply for April, 2018 and April, 2019. Based on those numbers, answer the following question.? a) What was the M1 and M2 for April 2018 and April 2019? b) Why is M1 less than M2? c) If the M2 has increased, what could the Fed have done to increase the M2? If the M2 has decreased, what could the Fed have done to decrease the M2? (Hint: what can the Fed do to increase or decrease the money supply?)

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