The Velocity of Money Is

question 78

Multiple Choice

The velocity of money is

• A)the average number of times that a dollar is spent in buying the total amount of final goods and services.
• B)the ratio of the money stock to high-powered money.
• C)the ratio of the money stock to interest rates.
• D)the average number of times a dollar is spent in buying financial assets.

---

Definitions:

Family Friendly

Describes environments, policies, or products that are designed to be accommodating and beneficial to families, particularly those with children.

Economic Climate

Refers to the overall condition of the general economic environment in a specific region or country, encompassing factors like employment rates, GDP growth, and consumer spending.

Wage Gap

The disparity in earnings among different groups of workers, often highlighted by differences due to gender, race, or education.

Age Bias

Discrimination or prejudice against individuals or groups based on their age.