The Federal Reserve System publishes weekly figures of M2 money supply in the document Money Stock Measures.

Question:

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. For more details about M2, go to the Web site www.federalreserve.gov/. The following bar chart provides data on the M2 money supply over 3 months in 2008.
The Federal Reserve System publishes weekly figures of M2 money

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.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: