The number of times that money changes hands each year is called
A) the rate of inflation.
B) the monetary base.
C) average prices.
D) the velocity of money.
E) bribery.
Correct Answer:
Verified
Q161: When consumers substitute to avoid rising prices,
Q162: If average prices are 2, real GDP
Q163: When expensive new products like the iPad
Q164: The quantity theory of money assumes that
Q165: According to the quantity theory of money,
Q167: The velocity of money is 5, real
Q168: According to the quantity theory of money,
Q169: The velocity of money is 10, real
Q170: According to the quantity theory of money,
Q171: Savers are better off when prices fall.
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