Purchase Solution

Economics: Money Stock

Not what you're looking for?

Ask Custom Question

Instructions: Go to the St. Louis Fed website (http://research.stlouisfed.org/fred2/series/M1NS) and complete the following assignment. Scroll down and select Money Stock (M1NS). I want you to report the Monthly "Not Seasonally Adjusted" data for the most recent month and for January, 1965 (click on "View Data" on the left side of the page) for each of the following: Ml Money Stock, the Currency Component of M1, Demand Deposits at Commercial Banks, Other Checkable Deposits, and Traveler's Checks Outstanding. How has the relative composition of M1 changed since 1965?

Purchase this Solution

Solution Preview

Clicking on "view data" we find a chart that lists the value of M1 on January 1, 1965:
Ml Money Stock
1965-01-01 - 165.3

From here http://research.stlouisfed.org/fred2/categories/25 you can find all the other statistics (click on the name of the report, then on "view data":
Currency Component of M1
1965-01-01 ...

Purchase this Solution


Free BrainMass Quizzes
Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.