Which of the following is NOT a reason why the velocity of money increases?
A) because funds are transmitted electronically
B) because the use of charge accounts is increasing
C) because the use of automatic teller machines is increasing
D) because the use of credit cards decreasing

Question

Which of the following is NOT a reason why the velocity of money increases?  
A) because funds are transmitted electronically 
B) because the use of charge accounts is increasing 
C) because the use of automatic teller machines is increasing 
D) because the use of credit cards decreasing

Quizplus · Accepted Answer

The use of credit cards decreasing would not increase the velocity of money since credit cards are a form of electronic transmission of funds and therefore would increase the velocity of money. The other options listed are all factors that could lead to an increase in the velocity of money.

Which of the Following Is NOT a Reason Why the Velocity