Empirical The chapter reviewed the different measures of money stock (MI and M2). You can use any of these money stock measures in order to determine the velocity of money. What is the relationship hetween MI velocity and M2 velocity? Which is the largest and which is the smallest? Go to http://fred.stlouisfed.org. Download data for MI and M2 stock by clicking on "Categories, under "Money, Banking, & Finance" select "Monetary Data." Then, download GDP data (under "National Accounts, " select "National Income & Product Accounts." "Gross Domestic Product (GDP) and Components"). Divide the GDP series by the MI (or M2) series, since velocity of MI (or M2) is simply GDP divided by MI (or M2) stock. Then, take a look at these two alternative velocity measures in order to confirm the answer you got for the previous