Plot the nominal m2 and real m2 data against time on same

Reference no: EM13455981

Go to the Federal Reserve's web site (www.federalreserve.gov). Under Economic Research and Data link, you will nd the Data Download Program if you scroll down the page. Download the seasonally adjusted monthly M1 and M2 data between 1959-2010. Then, go to the BLS web site to download the not seasonally adjusted monthly CPI data for the same period. Note that the two data sets are organized in dierent ways. You will need to work with the data to put them in the same format. This will help you learn how to organize data in general and use Excel. After you put the data together, use CPI values to calculate the real M1 and M2 values.

(a) Plot the nominal M1 and real M1 data against time on the same graph. Make sure your graph is perfectly labeled.

(b) Plot the nominal M2 and real M2 data against time on the same graph. Make sure your graph is perfectly labeled.

Reference no: EM13455981

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