Answered: Money Supply Weekly average of M2 in…

Name: M2 Money Supply. The Federal Reserve System publishes weekly figures o
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Description: M2 Money Supply. The Federal Reserve System publishes weekly figures of M2 money supply in the document Money Stock Measures. M2 includes such things as cash in circulation, deposits in checking accounts, nonbank traveler’s checks, accounts such as s

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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M2 Money Supply. The Federal Reserve System publishes weekly figures of M2 money supply in the document Money Stock Measures. M2 includes such things as cash in circulation, deposits in checking accounts, nonbank traveler’s checks, accounts such as savings deposits, and money-market mutual funds. The following bar chart provides data on the M2 money supply over 3 months during one year.

a. What is wrong with the bar chart?

b. Construct a version of the bar chart with a nontruncated and unmodified vertical axis.

c. Construct a version of the bar chart in which the vertical axis is modified in an acceptable manner.

Money Supply
Weekly average of M2 in trillions.
Week ending October 27
$7.8276 trillion
$8.0
$7.9
$7.8
$7.7
Пыl
$7.6
4 11 18 25 18 15 22 29 6 13 20 27
Aug.
Sep.
Oct.
Source: Federal Reserve System

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