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go to the st. louis federal reserve fred database and find data on currency (currsl), demand deposits (demdepsl), and other liquid deposits (mdlm). calculate the m1 money supply, and calculate the percentage change in m1 and in each of the three components of m1 from the most recent month of data available to the same time one year prior. which component has the highest growth rate? the lowest growth rate?

Answer :

Wallis and Futuna Islands would have the lowest growth rate of -1.35%. Apart from Wallis and Futuna Islands, the Population of Lithuania, Puerto Rico, and Latvia would decline by above 1 %.  Nagaland recorded the lowest growth rate of -0.5 percent.

000-500/100,000 = 500/100,000 = 0.005, or 0.5% net growth. Thus, this population would be growing by 0.5% this first year. That means that after one year, there will be 500 more. individuals than the previous year.

The growth rate of a value (GDP, turnover, wages, etc.) measures its change from one period to another (month, quarter, year). It is very generally expressed as a percentage.

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