Go to the web site of the Federal Reserve Bank of St. Louis (FRED) (fred. stlouisfed.org) and

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Go to the web site of the Federal Reserve Bank of St. Louis (FRED) (fred. stlouisfed.org) and find the most recent values for the M1 Money Stock (M1), the Currency Component of M1 (CURRENCY), Total Checkable Deposits (TCD), and Travelers Checks Outstanding (WTCSL). Which of the components of M1 is the largest? Which is the smallest?

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Money, Banking, and the Financial System

ISBN: 978-0134524061

3rd edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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