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. Copyright@2006 South-Western/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: M1, M2, and M3 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 M1 and M2 Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 6-6 U.S. M1 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/h6/20060105/h6.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/h41/20060105/h41.pdf (accessed September 8, 2006), and Reserve Aggregates, http://www.federalreserve.gov/releases/h3/20060105/h3.pdf (accessed September 8, 2006). Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 6-8 U.S. M2 Money Supply Definition Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.