The Substantial Fluctuations in Velocity Make the Equation of Exchange

question 99

True/False

The substantial fluctuations in velocity make the equation of exchange more useful in predicting changes in nominal GDP.

---

Definitions:

Sensation Seeking

The tendency to seek out varied, novel, complex, and intense sensations and experiences, and the willingness to take physical, social, legal, and financial risks for the sake of such experiences.

Personality Trait

Enduring patterns of thought, feeling, and behavior that distinguish individuals from one another.

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for fight-or-flight responses, increasing heart rate, and redirecting blood flow to muscles.

Muscular Effort

The physical energy exerted by muscles during any form of exercise or movement.