Velocity will be higher
A)the less frequently workers are paid
B)the fewer transactions there are to make
C)the less effective money is as a store of value
D)the less people use credit cards to make purchases
E)the slower the physical transportation of money between one person and another

Question

Quizplus · Accepted Answer

Velocity of money is the number of times money changes hands in a given period of time. If money is less effective as a store of value, people are more likely to spend it quickly, resulting in a higher velocity.

Velocity Will Be Higher