The Velocity of Money Can Best Be Described as

question 38

Multiple Choice

The velocity of money can best be described as

• A) how quickly prices are increasing.
• B) how quickly output is increasing.
• C) the number of times each dollar in the money supply is used to buy goods and services included in GDP.
• D) the growth rate of the money supply.

---

Definitions:

Scientific Experiments

A method of inquiry in the natural sciences involving observations, the formulation of hypotheses, and conduct of experiments to test these hypotheses.

Quantitative Researchers

Scientists who specialize in the study of phenomena via numerical data and statistical analysis.

Surveys And Questionnaires

Research tools used for collecting data from a predefined group of respondents to gain information and insights on various topics of interest.

Data Collection

The process of gathering and measuring information on targeted variables in an established systematic fashion, enabling one to answer relevant questions and evaluate outcomes.