Question

As shown in the  given figure, the proportion of the Federal Reserve's assets comprised of US Treasury bills has decreased since 2007. Go to www.federalreserve.gov. Click on "View All" under "Select Statistical Releases." Click on "Factors Affecting Reserve Balances" under "Money Stock and Reserve Balances." Select the current release date. a. Look in the "Total" column of the "Statement of Condition of the Federal Reserve Bank." What is the amount displayed next to "Total assets"? What is the amount displayed next to "US Treasury securities"? What percentage of the Federal Reserve's total assets are currently made up of US Treasury bills? b. Does the Federal Reserve's asset portfolio consist primarily of U.S. Treasury securities, as it did in January 2007, the beginning of the figure in given Figure, or does the Fed still own a diverse range of other assets, as it did in mid-2013, the end of the graph in given Figure?

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In this question, we will go to the mentioned site and examine the table under the heading "Money Stock and Reserve Balances" and answer the given questions according to this table.

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