Which of These Is Most Likely to Lower the Velocity

question 19

Multiple Choice

Which of these is most likely to lower the velocity of money?

• A)A commercial innovation that facilitates exchange
• B)A low inflation rate
• C)A decline in the effectiveness of money as a store of wealth
• D)A high inflation rate
• E)A weekly pay for workers instead of a monthly pay

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Definitions:

M-commerce

Mobile commerce, which encompasses purchasing and selling goods and services through wireless handheld devices like smartphones and tablets.

AIDA Approach

A marketing strategy blueprint that stands for Attention, Interest, Desire, Action; used to guide the process of advertising or selling products and services.

Community Building

The process of fostering and strengthening the relationships and connections among individuals within a group or geographic area to create a sense of belonging.

Bait and Switch Advertising

A deceptive marketing practice where customers are lured by an advertisement for a product at a low price, only to be steered towards a more expensive item.