CHAPTER 6 Monetary Aggregates Measuring Money Copyright 2008

CHAPTER 6 Monetary Aggregates: Measuring Money Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 6 -1 Road Map for Chapters 6, 7, and 8 Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 6 -2 How Do Changes in the Money Supply affect Expenditures? Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 6 -3 Financial Assets Arranged in Terms of Their Liquidity Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 6 -4 Money Supply Measures: M 1, M 2, and M 3 Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 6 -5 Relationship between Changes in the Monetary Base and Changes in M 1 and M 2 Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 6 -6 U. S. M 1 Money Supply Definition Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 6 -7 U. S. Monetary Aggregates on Thursday, January 19, 2006 Note: nsa, not seasonally adjusted; sa, seasonally adjusted. Source: The Wall Street Journal, Friday, January 20, 2006, 10. Also available online at U. S. Monetary Aggregates, http: //www. federalreserve. gov/releases/h 6/20060105/h 6. pdf (accessed September 8, 2006). Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved. (CONTINUED)

Exhibit 6 -7 Continued Source: The Wall Street Journal, Friday, January 20, 2006, 10. Also available online at U. S. Member Bank Reserve Changes, http: //www. federalreserve. gov/releases/h 41/20060105/h 41. pdf (accessed September 8, 2006), and Reserve Aggregates, http: //www. federalreserve. gov/releases/h 3/20060105/h 3. pdf (accessed September 8, 2006). Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 6 -8 U. S. M 2 Money Supply Definition Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.