Research data:The Federal Reserve Bank of St. Louis maintains economic data in a system called Federal Reserve Economic Data or FRED. This web site is located at http://research.stlouisfed.org/fred2/. Go to the FRED database at the Federal Reserve Bank of St. Louis Web site……………………………Research the topic associated with the first letter of your last name. Prepare a brief report (1–2 pages) that you will submit by the end of this module. (Last name (M-N) What share of U.S. banks fail? Plot since 2000 the fraction (in percent) of bank failures (FRED code: BKFTTLA641N) relative to the number of banks (FRED code:USNUM). Comment on the timing and the proportion of failures. Were most of the failing banks large or small?

