Which of the following will increase the velocity of circulation?
A) Interest rates increase.
B) The inflation rate decreases.
C) Federal banking legislation abolishes credit cards.
D) Employers decide to pay employees once a month instead of once a week.
Correct Answer:
Verified
Q64: An employee of Macro.com Corporation is paid
Q65: The main policy tool for manipulating consumer
Q66: The quantity theory of money assumes that
A)velocity
Q67: If the public decides to hold smaller
Q68: Nominal GDP is proportional to money stock
Q70: Is the equation of exchange an economic
Q71: When the Fed decreases the money supply,
Q72: Velocity is commonly calculated by which of
Q73: If the Fed's monetary policy causes a
Q74: Which of the following will reduce the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents