The velocity of money is represented as
...The velocity of money is represented as
Money supplyReal GDP
Real GDPMoney supply
Nominal GDPMoney supply
Real GDPNominal GDP
Correct answer is A
The velocity of money is a measurement of the rate at which money is exchanged in an economy. The velocity of money is simply calculated by dividing the money supply by the economy's GDP.
money supply
GDP
A major advantage of specialization and division of labour is that ...
Which of the following are determinants of the rate of population growth? ...
Modern international trade is based on the principle of ...
Government's involvement in agricultural business in Nigeria is most manifested in the ...
The best method of production in an under populated country is ...
When a firm's total revenue is at the maximum, marginal revenue is ...
When a generalization is made based on observed facts, it is ...