Examlex
What is consensus?
Velocity of Money
The rate at which money circulates or is exchanged in an economy during a specific period.
Money Supply
The total amount of monetary assets available in an economy at a specific time, including currency in circulation and balances held in checking and savings accounts.
Aggregate Demand
The collective appetite for goods and services in an economy, valued at a certain price point during a precise time interval.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced in a country in a given time period.
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