An Increase in the Velocity of Money Can Cause an Increase

question 64

True/False

An increase in the velocity of money can cause an increase in real GDP.

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Definitions:

Self-control

Self-control is the ability to regulate one's emotions, thoughts, and behavior in the face of temptations and impulses.

Equity Theory

An assumption that how much people are willing to contribute to an organization depends on their assessment of the fairness, or equity, of the rewards they will receive in exchange.