The Velocity of Money Is

question 16

Multiple Choice

The velocity of money is:

• A) how quickly money can be printed
• B) how quickly individuals spend their income
• C) the average number of times a dollar is used in a transaction per year
• D) how many times individuals are paid per year
• E) None of these answers are correct.

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Definitions:

High School Graduates

High school graduates are individuals who have successfully completed the required coursework and assessments of secondary education, receiving a diploma as certification.

Superscript

A character, number, or symbol written or printed above the main line of text.

Source Notes

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Reinforce

To strengthen or support an idea, behavior, or material object, making it more robust or enduring.