Chapter 3 - Lesson 1
Money and Interest

As you've learned, the money supply is defined as the liquid assets held by banks and individuals. The Federal Reserve maintains historical data on the money supply on its web site. Visit the site to answer the following questions.

Suggested keywords: money supply, Federal Reserve
Web site: http://www.federalreserve.gov/releases/H6/hist/

Your Name:

Today's Date:

Question 1:
What was the seasonally adjusted value of M1 in January 1960? How does that compare to the most recent month shown in the table? (Hint: From the main page, click the ''Table 1'' link.)

Question 2:
Generally speaking, how has the value of M2 compared to the value of M3 been changing over the past 40 years? How do you explain this change?

Question 3:
For the most recent week shown, what was the largest component of seasonally adjusted M1? What was the smallest? How does this compare to the figures shown for the week of January 6, 1975? (Hint: From the main page, click the ''Table 9'' link.)