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The velocity of money is the: a. rate at which the price index for consumer goods rises. b. multiple by which an increase in government expenditures will cause output to expand. c. average number of times
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The velocity of money is the:

a. rate at which the price index for consumer goods rises.

b. multiple by which an increase in government expenditures will cause output to expand.

c. average number of times a dollar is used to buy goods and services included in gdp.

d. number of times a dollar is taken out of the country during a year.

User Brugner
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2 Answers

4 votes

b is the correct answer to this question. Hope this helps!

User Ramone
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3 votes
To my understanding i think the answer is B.
User Ziwdigforbugs
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6.1k points
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