Roderick_April_Unit_8_Homework_BU204-06

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

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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
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This note was uploaded on 08/05/2008 for the course BU 204-05 taught by Professor Hill during the Spring '08 term at Kaplan University.

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

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