Which of the Following Statements Is Not Consistent with the Quantity

question 23

Multiple Choice

Which of the following statements is not consistent with the quantity theory of money?

• A) The velocity of money can be affected by how frequently workers are paid.
• B) The velocity of money can be affected by the development of new financial instruments, such as interest-bearing checking accounts.
• C) The velocity of money can be affected by the manner in which the banking system clears transactions between banks.
• D) Velocity can change with changes in the interest rate.

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Definitions:

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The highest federal court in the United States, with ultimate appellate jurisdiction over all federal and state court cases involving issues of federal law.

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Formal allegations or reports made accusing someone of the crime of rape.