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What is money? Research the money supply data provided on the Federal Reserve's website (www.federalreserve.gov). On the home page, hover over the column Data and
- What is money? Research the money supply data provided on the Federal Reserve's website (www.federalreserve.gov). On the home page, hover over the column "Data" and click on "money stock measures H.6". Based on your research using the data as of the end of the most recent month,answer the following questions:
- What are the most recent amounts for M1 and M2 not seasonally adjusted (Table 1).
- What is the most recent amount presented for Currency (Table 3).
- What percentage of our money supply (M1 and M2) is comprised of currency (cash and coins)? You must show your calculation to receive credit.
- What are the most recent amounts for M1 and M2 not seasonally adjusted (Table 1).
- What is the most recent amount presented for Currency (Table 3).
- What percentage of our money supply (M1 and M2) is comprised of currency (cash and coins)? You must show your calculation to receive credit.
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