The number of times per year,on average,that a dollar is used to purchase final goods and services is the
A)Business cycle.
B)Multiplier.
C)Velocity of money.
D)Money magnifier.

Question

Quizplus · Accepted Answer

The number of times per year that a dollar is used to purchase final goods and services is known as the velocity of money. It measures the rate at which money changes hands in the economy and reflects the level of economic activity.

The Number of Times Per Year,on Average,that a Dollar Is