Plot the percentage changes in quarterly real GDP and in quarterly M2. Is there a tendency for
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Plot the percentage changes in quarterly real GDP and in quarterly M2. Is there a tendency for changes in M2 to precede changes in the same direction in real GDP? Comment on what you see in your chart.
Answer this question using the Federal Reserve Bank of St. Louis’s FRED database, accessible at http://research.stlouisfed.org/fred2/
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