The number of times per year that a dollar is spent on final goods and services defines

Name: The number of times per year that a dollar is spent on final goods and services defines
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The number of times per year that a dollar is spent on final goods and services is known as the income velocity of money, which is an important component in calculating GDP. It represents the speed at which money is circulated in the economy and is a key factor affecting economic growth and inflation.

The Number of Times Per Year That a Dollar Is