Real-Time Data Analysis Exercise* *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis. Go to the St. Louis Federal Reserve FRED database, and find data on the total assets of all commercial banks (TLAACBM027SBOG), and total assets of money market mutual funds (MMMFFAQ027S). Transform the commercial bank assets series to quarterly, by adjusting the Frequency setting to 'Quarterly'. Transform the total assets of money market mutual funds series from millions to billions by applying the formula a/1000. Click the following link to view the total assets of all commercial banks (TLAACBM027SBOG) data from FRED. Calculate the percent increase in growth of assets for each, from January 2000 to the most recent available quarter for both series. (Round your answers to one decimal place.) 2021:Q3 2000:Q1 % Change Commercial Banks $ 22,004.1 Billion $ 5,645.9 Billion 289.7 Money Market Mutual Funds $ 4,544.6 Billion $ 1.696.1 Billion 167.9

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter25: Money, Banking, And The Federal Reserve System
Section: Chapter Questions
Problem 4P
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Real-Time Data Analysis Exercise*
*Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis.
Go to the St. Louis Federal Reserve FRED database, and find data on the total assets of all commercial banks (TLAACBM027SBOG), and total assets of money
market mutual funds (MMMFFAQ027S).
Transform the commercial bank assets series to quarterly, by adjusting the Frequency setting to 'Quarterly'. Transform the total assets of money market mutual funds
series from millions to billions by applying the formula a/1000.
Click the following link to view the total assets of all commercial banks (TLAACBM027SBOG) data from FRED.
Calculate the percent increase in growth of assets for each, from January 2000 to the most recent available quarter for both series. (Round your answers to one
decimal place.)
2021:Q3
2000:Q1
% Change
Commercial Banks
$22,004.1 Billion
$5,645.9 Billion
289.7
Money Market Mutual Funds
$4,544.6 Billion
$ 1.696.1 Billion
167.9
Transcribed Image Text:Real-Time Data Analysis Exercise* *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis. Go to the St. Louis Federal Reserve FRED database, and find data on the total assets of all commercial banks (TLAACBM027SBOG), and total assets of money market mutual funds (MMMFFAQ027S). Transform the commercial bank assets series to quarterly, by adjusting the Frequency setting to 'Quarterly'. Transform the total assets of money market mutual funds series from millions to billions by applying the formula a/1000. Click the following link to view the total assets of all commercial banks (TLAACBM027SBOG) data from FRED. Calculate the percent increase in growth of assets for each, from January 2000 to the most recent available quarter for both series. (Round your answers to one decimal place.) 2021:Q3 2000:Q1 % Change Commercial Banks $22,004.1 Billion $5,645.9 Billion 289.7 Money Market Mutual Funds $4,544.6 Billion $ 1.696.1 Billion 167.9
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ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc