The faster velocity of money, the greater an economy's GDP.

Name: The faster velocity of money, the greater an economy's GDP.
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Question

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The velocity of money is the rate at which money is exchanged in an economy. When money changes hands quickly, it circulates through the economy faster and can stimulate economic growth, leading to a higher GDP. Therefore, a faster velocity of money is generally associated with a higher GDP.

The Faster Velocity of Money, the Greater an Economy's GDP