If the velocity of money is constant then the money supply will also be constant.

Name: If the velocity of money is constant then the money supply will also be constant.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The velocity of money and the money supply are independent variables, meaning that changes in one do not necessarily cause changes in the other. Therefore, even if the velocity of money remains constant, the money supply can still change due to other factors such as the central bank implementing monetary policy.

If the Velocity of Money Is Constant Then the Money