How Will an Increase in the Efficiency of the Payments

question 88

Multiple Choice

How will an increase in the efficiency of the payments mechanism effect velocity?

• A)Velocity will decrease.
• B)Velocity will increase.
• C)Velocity will remain constant.
• D)Velocity is unrelated to payments.

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Definitions:

Y-Intercept

The point where a line or curve intersects the y-axis on a graph.

Linear Regression Equation

A mathematical equation used to predict the value of a dependent variable based on one or more independent variables, assuming a linear relationship.

Pearson r

A measure of the linear correlation between two variables, ranging from -1 to 1, where 1 means a perfect positive linear relationship, -1 a perfect negative linear relationship, and 0 no linear relationship.

Number of Victimizations

The count or tally of instances in which individuals or entities are harmed or affected adversely, typically used in criminological and sociological research.