Go to the website of the St. Louis Federal Reserve Bank FRED database and find monthly data on seasonally adjusted measures of M1 and M2. Using the FRED graphing tools, graph the annual (year-over-year) growth rates of M1 and M2 for the sample period 1989-2019. Include your graph in your submission. (?) Of the two series, which one is more volatile? Why?
Go to the website of the St. Louis Federal Reserve Bank FRED database and find monthly data on seasonally adjusted measures of M1 and M2. Using the FRED graphing tools, graph the annual (year-over-year) growth rates of M1 and M2 for the sample period 1989-2019. Include your graph in your submission. (?) Of the two series, which one is more volatile? Why?
Chapter15: The Debate Over Monetary And Fiscal Policy
Section: Chapter Questions
Problem 1TY
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