Question: 1. 2. Use the statistics section on the ECBs Web site (www.ecb.int categories), to locate monetary data for M1 money and M2 money (monthly data

1. 2. Use the statistics section on the ECB’s Web site (www.ecb.int categories), to locate monetary data for M1 money and M2 money

(monthly data of each stock, seasonally adjusted). How do the two series relate in size? How do the changes in the two series compare to one another? Does your understanding of the definitions of M1 and M2 help you make sense of what you observe?

Note: If you want to use a tablet or mobile phone, you can also use the ECB’s app “ECBstatsApp” for this task!

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