The Velocity of Money Increases If

question 95

Multiple Choice

The velocity of money increases if:

• A)Each unit of money is used more frequently
• B)Each unit of money is used less frequently
• C)More purchases are made
• D)None of the above answers is correct; the velocity of money is constant

---

Definitions:

Communist

A political and economic ideology advocating for a classless society, where property and resources are communally owned.

Socialist

Pertaining to a political and economic theory advocating for the means of production, distribution, and exchange to be owned or regulated by the community as a whole.

Political Systems

Political systems refer to the set of formal legal institutions that constitute a government or a state.

Individualistic Systems

Societal frameworks where personal independence and self-reliance are emphasized over collective goals, often leading to a strong sense of competition.