Other things held constant, an increase in the velocity of money will cause the dynamic aggregate demand curve to

Name: Other things held constant, an increase in the velocity of money will cause the dynamic aggregate demand curve to
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An increase in the velocity of money means that a given amount of money is being spent more frequently, which increases the overall level of spending in the economy. This results in an outward shift of the dynamic aggregate demand curve.

Other Things Held Constant, an Increase in the Velocity of Money