The velocity of circulation is
A) the average number of times a dollar of money is used annually to buy the goods and services that make up GDP.
B) constantly increasing over time.
C) equal to zero in the long run.
D) the average number of times that a dollar of money is used annually to buy the goods and services that make up consumption expenditure.
E) calculated as Y ÷ M.
Correct Answer:
Verified
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