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Chapter 1, Problem 2DAP
To determine

  1. In general, the behavior of the growth rate of the M1 money supply and the 10-year treasury bond rate during recessions and during expansionary periods since the year 2000.
  2. In general, the relationship between money growth and the 10-year interest rate since the year 2000.
  3. The comparison between the money growth rate and the 10-year interest rate for the most recent month available to the rates for January 2000.

Concept Introduction:

Not applicable.

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