Economics: Money Stock
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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?
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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 ...
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