Which of the Following Statements About the Velocity of Money

question 69

Multiple Choice

Which of the following statements about the velocity of money in the U.S.is correct?

• A)From 1915 to 1947,the velocity of M1 increased.
• B)From 1947 to 1973,the velocity of M1 decreased.
• C)The growth in the velocity of money was steady in the 1970s.
• D)The velocity of money has remained more or less stable post 1980s.
• E)ATM machines and credit cards have increased the velocity of money.

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Definitions:

Geographic Divisionalized Structure

An organizational structure where operations are divided based on geographic regions, with each region operating semi-autonomously to serve its local market effectively.

Divisionalized Structures

An organizational form in which the company is divided into semi-autonomous units or divisions, each responsible for its own operations and profitability.

Network Structure

An organizational design where entities are connected less hierarchically and more through a flexible arrangement of nodes, facilitating information flow and collaboration.

Global Competition

The scenario where businesses compete across national borders in various markets, driven by increasingly interconnected world economies.