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Monetary Trends

Velocity, Gross Domestic Product, and M2

Velocity

Nominal GDP/MZM, Nominal GDP/M2 (Ratio Scale)

Velocity(for MZM and M2) equals the ratio of GDP, measured in current dollars, to the level of the monetary aggregate.

Interest Rates

Percent

MZM and M2 Own Rates are weighted averages of the rates received by households and firms on the assets included in the aggregates.



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