The Velocity of Money Is The

question 54

Multiple Choice

The velocity of money is the:

• A) number of times per year each dollar is used to transact an exchange.
• B) rapidity of price increases during inflation.
• C) number of times the price level increases during a year.
• D) time it takes for checks to clear banks.
• E) number of times per year each product is purchased during the year.

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