In a two- to three-page paper (not including title and references pages), descri
In a two- to three-page paper (not including title and references pages), describe the current state of the U.S. economy using the two monetary aggregates (M1 and M2) currently published by the Federal Reserve. In your description, illustrate the trends of the two monetary aggregates. Evaluate what the Federal Reserve Bank is trying to accomplish by implementing these policies to stabilize the business cycle. Support your work with at least two scholarly resources in addition to the textbook.