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Mediation Is a Form of Restorative Justice That Usually Takes

question 19

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Mediation is a form of restorative justice that usually takes the form of money,but it can also include returning property or performing services for the victim.


Definitions:

Equation of Exchange

An economic formula representing the relationship between the money supply, the velocity of money, the price level, and the number of transactions in an economy.

Money Supply

The entire stock of money assets in an economy at a specified period.

Velocity of Money

The rate at which money is exchanged in an economy and is used to measure the activity level of economic transactions.

Nominal Gross Domestic Product

The total market value of all finished goods and services produced within a country's borders in a specific time period, evaluated at current market prices without adjusting for inflation.

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