1. The Federal Reserve refers to M1 and M2 statistics (or measures) as Money Stock measures because:

       money is the instrument used for trading stocks

       the numbers represent values as of a particular point in time

       M1 and M2 represent spending in the economy

       They are the two primary financial instruments in the U.S. economy

2. Most seasonal borrowing (from the Fed's discount window) occurs:

       in the New York district

       on Fridays

       in the Midwest

       in the five major metropolitan centers of the U.S.

       Nowhere-because it was eliminated in early 2002