If GDP increases and the stock of money increases, the income velocity of money will definitely increase.

Name: If GDP increases and the stock of money increases, the income velocity of money will definitely increase.
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Quizplus · Accepted Answer

The income velocity of money is calculated as the ratio of GDP to the money supply. If both GDP and the money supply increase, the velocity of money could either increase, decrease, or stay the same depending on the relative rates of change of GDP and the money supply.

If GDP Increases and the Stock of Money Increases, the Income