Go to the St. Louis Federal Reserve FRED database and find data on the M1 money supply
Question:
a. In general, how have the growth rate of the M1 money supply and the 10-year treasury bond rate behaved during recessions and during expansionary periods since the year 2000?
b. In general, is there an obvious, stable relationship between money growth and the 10-year interest rate since the year 2000?
c. Compare the money growth rate and the 10-year interest rate for the most recent month available to the rates for January 2000. How do the rates compare?
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Related Book For
The Economics of Money Banking and Financial Markets
ISBN: 978-0133836790
11th edition
Authors: Frederic S. Mishkin
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