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The Substantial Fluctuations in Velocity Make the Equation of Exchange

question 99

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


Definitions:

Return On Investment

A criterion for measuring the success or financial gain of an investment, by calculating the ratio of net profit to the investment's price.

Margin

The difference between the selling price of a product and the cost associated with producing it.

Margin

The difference between the selling price of a product or service and its cost, usually expressed as a percentage of the selling price.

Combined Return On Investment

A measure that evaluates the efficiency of an investment or compares the efficiency of several different investments.

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