how rapidly has the money supply (M1) grown during the past twelve months? State the rate of growth (use http://www.federal reserve.gov/release/h6/) and the most recent release, use the seasonally adjusted figures. Calculate the rate of growth across the year by taking the (new amount of M1 – old amout of M1)/old amount of M1. Given the state of the economy, should monetary authorities increase or decrease the growth rate of money? Explain why.
how rapidly has the money supply (M1) grown during the past twelve months?State the rate of growth (use http://www.federal reserve.gov/release/h6/) and the mostrecent release, use the seasonally…
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