If There Are 100 Transactions in a Year and the Average

question 34

Multiple Choice

If there are 100 transactions in a year and the average value of each transaction is $10, then if there is $200 of money in the economy, transactions velocity is times per year.

• A)0.2
• B)2
• C)5
• D)10

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Definitions:

Knowledge Management System

A technology-based system designed to help organizations capture, store, and manage knowledge to improve various processes.

Centralized Database

A database located and maintained in a single location, accessible by users from different locations through a network.

Audience Size And Location

Refers to the number of people who are receiving or are targeted to receive a message, and where they are geographically situated.

Message Medium

The channel or method used to convey a message, such as email, letter, social media, or face-to-face communication.