How rapidly has the money supply (M1) grown during the pasttwelve months? State

How rapidly has the money supply (M1) grown during the pasttwelve months? State the rate of growth (usehttp://www.federalreserve.gov/releases/h6/) and the most recentrelease use the seasonally adjusted figures. Calculate the rate ofgrowth across the year by taking the (new amount of M1- old amountof M1)/old amount of M1). Given the state of the economy shouldmonetary authorities increase or decrease the growth rate of money?Explain why.