Problem
Plot the growth rate of M1 and M2 from 2000-2016. (M1SL, M2SL, percent change from year ago) At the bottom left of the graph, click on Share Links and select Image Short URL. Copy the URL and paste in your answer box.
How do they compare? Find the most recent level of M2 and of the U.S. population (POP) using FRED. (most recent values are in the top left of the graph) Compute the quantity of money per person in the United States. Do you think this is large? Why or why not?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.