Since the early 1980s,the velocity of money in Australia has been:

Question

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The velocity of money refers to the rate at which money changes hands in an economy. In Australia, since the early 1980s, the velocity of money has been steadily declining, indicating a slowdown in economic activity. This decline has been attributed to various factors such as demographic changes, weakening of consumer confidence, and increased use of electronic payment methods.

Since the Early 1980s,the Velocity of Money in Australia Has