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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Visit: http://research.stlouisfed.org/fred2/categories/25
Go to the St. Louis Fed website and complete the following assignment. Scroll down and
select M1 Money Stock. I want you to report the Monthly “Not Seasonally Adjusted”
data for the most recent month and for January, 1965 (click on View Data on the left side
of the page) for each of the following: M1 Money Stock, the Currency Component of
M1, Demand Deposits at Commercial Banks, Other Checkable Deposits, and Traveler’s
Checks Outstanding.
Calculate and show the percentage change between January 1965 and the most recent
month for M1 Money Stock each of the components. How has the relative composition
of M1 changed since 1965? Do your best to explain why this change has occurred.
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