Go to the Web site of the Federal Reserve Bank of St. Louis (FRED) (research.stlouisfed.org/fred2/) and find
Question:
a. Using these data, calculate the value of M1.
b. What are Retail Money Funds? What percentage of M2 are they?
c. If households were to shift funds from savings accounts to checking accounts, what would happen to the values of M1 and M2?
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For the week ending September 28 2015 the M2 Money Stock equaled 121765 billion Total Savings Deposi...View the full answer
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Gabriela Rosalía Castro
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