The volume of transactions
A)increases only with the price of an item.
B)has nothing to do with the supply of money.
C)increases only with the number of items purchased.
D)is measured in real terms.
E)increases when the number of items purchased increases or when the price of an item increases.

Question

Quizplus · Accepted Answer

The volume of transactions increases when either the number of items purchased increases or when the price of an item increases. This is because the volume of transactions is a measure of the total value exchanged in a given period of time, and this value is influenced by both the quantity and price of items sold.

The Volume of Transactions