Most seasonal borrowing occurs

Assignment Help Financial Management

Reference no: EM131874415

1. The Federal Reserve refers to M1 and M2 statistics (or measures) as Money Stock measures because:

money is the instrument used for trading stocks

the numbers represent values as of a particular point in time

M1 and M2 represent spending in the economy

They are the two primary financial instruments in the U.S. economy

2. Most seasonal borrowing (from the Fed's discount window) occurs:

in the New York district

on Fridays

in the Midwest

in the five major metropolitan centers of the U.S.

Nowhere-because it was eliminated in early 2002

Reference no: EM131874415

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