The following table provides data on nominal gross domestic product and the money supply (M1 definition) in recent selected years. Compute velocity for each year. Do you see any trend? How does it compare with the trend that prevailed from about 1996 to about 2006?

Year	End-of-Year Money Supply (M1)	Nominal GDP
2010	$1,836	$14,958
2011	2,160	15,534
2012	2,447	16,245
2013	2,648	16,798