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FEDERAL RESERVE BAtIK CF sr. LOUIS

Chart IS

Velocity of GNP/M1 and Inflation

Ratio 7

Quarterly Data

1961

63

65

67

69

71

73

75

77

79

81

83

85

Chart

4

Velocity of GNP/Ml and Trade-Weighted Exchange Rate

Ratio 7

Quarterly Data

1973

74

75

76

77

78

79

80

81

82

83

84

85

86

20

AUOUSTISEPTEMSIR 1957

Rote

15.5

13.5

11.5

9-5

7.5

5.5

3.5

1.5

  • -

    0.5

1987

Rote

160

144

128

112

96

80

1987

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