Get premium membership and access questions with answers, video lessons as well as revision papers.

What is the velocity of money in an economy?

      

What is the velocity of money in an economy?

  

Answers


Dana
Velocity of money is the rate at which money stock is used to make transactions for final goods and services.

Dana05 answered the question on August 14, 2019 at 07:23


Next: Describe the modern quantity theory of money
Previous: Describe the classical theory of money supply

View More Economics Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions