Just a few words or calculations, nothing much Due in 4 hours.

1.How rapidly has the money supply (M1) in the United States grown during the past twelve months? State the rate of growth (use http://www.federalreserve.gov/releases/h6/) and the most recent release, use the seasonally adjusted figures. Calculate the rate of growth across the year by taking the (new amount of M1- old amount of M1)/old amount of M1).