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Part B Explore the Federal Reserve website (www.federalreserve.gov) Click on Dat

ID: 1114611 • Letter: P

Question

Part B Explore the Federal Reserve website (www.federalreserve.gov) Click on Data, then on “Money Stock Measures-H.6" 6. What was the seasonally adjusted level of M1 in May 2016? 7. From September 2016 to September 2017, in how many months was demand deposits higher than currency? Still under Data, click on "Selected Interest Rates - H.15" 8. What was the Federal funds rate on November 1, 2017? 9. What happens to the interest rate on Treasury constant maturities as the length of the T-Bill increases? From the Federal Reserve homepage; Click on "About the Fed", then on "Structure of the Federal Reserve System" 10. Which Federal Reserve Bank serves the state of Florida?

Explanation / Answer

The Federal Reserve System is the united states central bank and works for the effective operation of the U.S. economy , makes monetary policy and promotes the safety of financial institutions etc.

6- The seasonally adjusted level of M1 in may 2016 was 3,248.3 as per the data of money stock measures.

7-For four months the demand deposits were higher than currency from september 2016 to september 2017.

8-Fedearal funds rate as nov 1 2017 was 1.16 as per selected interest rates data.

9-Treasury constant maturuties have a direct relationship with the treasury bills as the treasury constant maturities are increasing with treasury bills length.

10-Federal reserve bank of atlanta might serve the state of florida as it also lies on southern most region of united states.