The Major Factor Determining Velocity Is

question 147

Multiple Choice

The major factor determining velocity is

• A)how efficiently money is used.
• B)Federal Reserve policy.
• C)nominal GDP.
• D)the supply of money.
• E)real GDP.

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Definitions:

Social Dominance Orientation

A scale that measures an individual’s preference for hierarchical relationships between social groups and the extent to which they support dominance and inequality among these groups.

Authoritarian Submission

A psychological behavior characterized by uncritical acceptance of authority, where individuals submit excessively to figures they perceive as authoritative.

Tolerance For Ambiguity

The ability or willingness of a person to accept and deal with uncertainty or unclear situations without becoming anxious or stressed.

Conventionalism

A belief in or support of ideas and behaviors that are traditional and widely accepted.