{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Roderick_April_Unit_8_Homework_BU204-06

Roderick_April_Unit_8_Homework_BU204-06 - Unit 8#3 Time...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Unit 8 #3 Currency Currency Time in in deposits circulation circulation Currency Money smaller as a as a in Traveler’s Checkable market than Savings percentage percentage Year circulation checks deposits funds $100,000 deposits M1 M2 of M1 of M2 1995 $372.1 $9.1 $745.9 $448.8 $931.4 1,134.0 1,127.1 3,641.3 33.0% 10.2% 1996 394.1 8.8 676.5 517.4 946.8 1,273.1 1,079.4 3,816.7 36.5% 10.3% 1997 424.6 8.5 639.5 592.2 967.9 1,399.1 1,072.6 4031.8 39.6% 10.5% 1998 459.9 8.5 627.7 732.7 951.5 1,603.6 1,096.1 4,383.9 42.0% 10.5% 1999 517.7 8.6 597.7 832.5 954.0 1,738.2 1,124.0 4,648.7 46.1% 11.1% 2000 531.6 8.3 548.1 924.2 1,044.2 1,876.2 1,088.0 4,932.6 48.9% 10.8% 2001 582.0 8.0 589.3 987.2 972.8 2,308.9 1,179.3 5,448.2 49.4% 10.7% 2002 627.4 7.8 582.0 915.5 892.1 2,769.5 1,217.2 5,794.3 51.5% 10.8% 2003 663.9 7.7 621.8 801.1 809.4 3,158.5 1,293.4 6,062.4 51.3% 11.0% 2004 699.3 7.6 656.2 714.7 814.0 3,505.9 1,363.1 6,397.7 51.3% 10.9% From 1995 to 2004, I do not see a trend in M1. M1 grew from 1995 to 2004 but looks even from 1995 to 2001. There is an upward trend for M2, which grew from 1995 to 2004.Currency of M1 grew from 1995 to 2004, but M2 looks regular to me in 1999. The increase in currency in M1 could be because of more people
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}