Question: Go to the website of the Federal Reserve Bank of St. Louis at blank. Go to research and data (first link on menu bar) and

Go to the website of the Federal Reserve Bank of St. Louis at blank. Go to research and data (first link on menu bar) and access the Federal Reserve Economic Database (FRED).

Compare the present size of M1 and M2 money stock measures with the data presented in the measures of the U.S. money supply section of this chapter.

Also find the current sizes of these M1 components: currency, travelers' checks, demand deposits, and other checkable deposits.

Express each component as a percentage of M1 and compare your percentages with those presented in the chapter.

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