Velocity of circulation refers to:
A) how fast the average person spends his paycheck
B) how fast the current interest rate doubles
C) the average number of times one dollar turns over in one year
D) the total annual dollar transactions divided by the current interest rate
Correct Answer:
Verified
Q10: Other things being equal,the greater the rate
Q11: Market segmentation:
A) means there are two (or
Q12: The Equation of Exchange (Irving Fisher)is:
A) MV
Q13: The price-anticipation effect on interest rates:
A) reflects
Q14: The income effect comes into play when:
A)
Q15: Default risk:
A) is the risk the bond
Q17: In the equation of exchange:
A) M =
Q18: Economists agree:
A) inflation stops growing after it
Q19: Liquidity,income,and price-anticipation effects:
A) are related to the
Q20: The line of causation: of money> inflation>
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