All economists would agree that velocity:
A) may be variable over the long term.
B) may be variable over the short term.
C) cannot be defined over the short term.
D) may be stable over the long term.

Question

Quizplus · Accepted Answer

Economists generally agree that velocity, which is the rate at which money circulates in the economy, can vary in the short term due to changes in spending habits, interest rates, and other economic factors.

All Economists Would Agree That Velocity