Answer Happy

Question Go to the St. Louis Federal Reserve FRED database and find data on the number of commercial banks in the United States in each of the following categories: 1. average assets less than $100 million (USIOONUM) 2. average assets between $100 million and $300 million (US13NUM) 3. average assets between $300 million and $1 billion (US3INUM) 4. average assets between $1 billion and $15 billion (US115NUM), and 5. average assets greater than $15 billion (USG15NUM). A. Calculate the percentage of banks in the smallest (less than $100 million) and largest (greater than $15 billion) categories, as a percentage of the total number of banks, for the most recent quarter of data available and for 2012: Q1. B. What has happened to the proportion of very large banks? C. What has happened to the proportion of very small banks? D. What does this say about the "too-big-to-fail" problem and moral hazard?