Dollar Circ
The table below shows the componets of M1 and M2 in billions of dollars for the month of December in the years?
what trends or patterns abput M1, M2, currency in circulation as a percentage of M1, and currency in circulation as a percentage of M2 do you see? What might account for these trends?
YearCurrency in circ.Traveler’s Checks Checkable Dep.Money Market FundsTime deposits smaller than $100,000Savings Dep.M1M2Currency in Circ as a % of M1Currency in Circ as a % of M2
1995372.109.1745.9448.8931.401134.0
1996394.108.8676.5517.4946.801273.1
1997424.608.5639.5592.2967.901399.1
1998459.908.5627.7732.7951.501603.6
1999517.708.6597.7832.5954.001738.2
2000531.608.3548.1924.21044.201876.2
2001582.008.0589.3987.2972.802308.9
2002627.407.8582.0915.5892.102769.5
2003663.907.7621.8801.1809.403158.5
2004699.307.6656.2714.7814.003505.9
I am having trouble reading your table, but the use of ATM’s have changed how much cash we hold interest rates effect how much money we hold.in non interest barring accounts.
$3 Box Projector
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1945 Walking Liberty Half Dollar – High Grade Circ CIRCULATED. DATE AND DETAILS ARE VERY LEGIBLE. HAND-PICKED AND CLEANED BEFORE SHIPPING!!… |
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