The Velocity of Circulation Is

question 331

Multiple Choice

The velocity of circulation is

• A) the ratio of currency to demand deposits.
• B) the relationship between increases in income and investment.
• C) the average number of times per year a dollar is spent on goods and services in GDP.
• D) the relationship between income and spending.

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Definitions:

Mana

In Polynesia, spiritual power.

Polynesian Art

The visual arts of the Polynesian peoples, encompassing a wide range of mediums and styles across the Pacific Ocean islands.

Painted-Gable Storyboards

Narrative artworks typically painted or carved onto the triangular gable end of a building, often depicting mythological or historical tales.

Clan Events

Social or ceremonial gatherings important to the structure and culture of clans, which are extended family groups with a common ancestor.