In the equation of exchange,when will velocity tend to rise?

Name: In the equation of exchange,when will velocity tend to rise?
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Velocity tends to rise when real GDP rises, other things being equal. This is because an increase in real GDP leads to an increase in the demand for money (i.e., the demand for money to facilitate transactions also increases). As a result, people tend to hold less money balances relative to their income, leading to an increase in velocity.

In the Equation of Exchange,when Will Velocity Tend to Rise