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?

MACROECONOMICS
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Chapter15: The Debate Over Monetary And Fiscal Policy
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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?
Transcribed Image Text: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?
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