Go to the CANSIM data available in the Student Resources section of your MyEconLab website and download
Question:
Go to the CANSIM data available in the Student Resources section of your MyEconLab website and download monthly data from 1962:1 to 2011:12 for the three-month T-bill rate (series V122531).
a. What is the average nominal interest rate, it?
b. Calculate the change in it.
Δit = it+1 - it .
What is the average change? The average standard deviation?
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Related Book For
The Economics of Money Banking and Financial Markets
ISBN: 978-0321785701
5th Canadian edition
Authors: Frederic S. Mishkin, Apostolos Serletis
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