Stable Velocity of Money Is Crucial Component of the

question 4

Multiple Choice

Stable velocity of money is crucial component of the

• A)monetarist model.
• B)Keynesian model.
• C)new Keynesian model.
• D)IS-LM model.

---

Definitions:

Prohibited

Forbidden by law, rule, or other authority.

Court

A governmental institution authorized to resolve legal disputes, make judgments, and enforce law.

Incidental Beneficiary

A third party who benefits from a contract between two other parties, without being specifically intended to benefit by those parties.

Intended Beneficiary

A person or entity for whom a contract is specifically made to benefit, having the legal right to enforce the contract if not fulfilled.