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If the demand for real money balances is proportional to real income, velocity will:
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A system of conduct that covers all broadly based, mostly unwritten standards of how people should behave and generally conform to cultural ideals of right and wrong.
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Justifications or explanations that are logically plausible but are actually used to justify behavior or beliefs that are not based on reason.
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Actions or practices that violate moral or professional guidelines, standards, or codes of conduct.
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