What Occurs Between Two Entities in Which an Instance of One

question 12

Multiple Choice

What occurs between two entities in which an instance of one entity can be related to many instances of a related entity?

• A)one-to-one relationship
• B)one-to-many relationship
• C)many-to-many relationship
• D)composite entity

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Definitions:

Velocity of Money

The rate at which money is exchanged from one transaction to another, and how much a unit of currency is used in a given period of time.

Equation of Exchange

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

Inflation

The speed at which prices for products and services increase, leading to a decline in buying power.

Supply of Money

The total amount of money available in an economy at any given time, including cash, bank deposits, and liquid assets.