Using this website: https://fred.stlouisfed.org/

Class: Money and Banking

Please explain how to reach each answer

FRED Questions Number of US. Commercial Banks FRED code: USNUM Volume of deposits of US. Commercial Banks FRED code: DPSACBM027SBOG Deposits of Suspended Banks Fred code: M09039USM144NNBR 1. For this problem the graph you create will have 2 vertical axes, one on the left and one on the right. You can create two axes by going to edit graph. In edit graph under format, y_o_u_f_l_1_ see \"Y-axis position." a. Produce a graph showing the number of US. commercial banks on the left scale and the volume of their deposits on the right-side scale. Start the graph in 1984 and continue through to the latest available data. Present the data on a Quarterly basis b. What was the average deposit size of banks in the third quarter of 1984? What was the average deposit size in the third quarter of 20 1 6? c. Why is it likely that the typical commercial bank in 2016 had a deposit size less than the average you computed in part c? I 2. a. When banks failed in the 1929-1933 period, the lack of deposit insurance meant that depositors experienced sizable losses. For September 1929 through February 1933, plot the deposits in suspended banks. b. Find the total amount of deposits lost to bank failures in 1931. c. Using this total, compute its ratio to 1931 gross national product of $77.4 billion. d. Using that ratio, how large would the losses be compared to rst-quarter 2016 nominal GDP of$18.3 trillion