Quizzol

QUESTION:

Velocity is _______.

a. the annual rate of turnover of business inventories

b. the speed at which the typical dollar circulates

c. highly unstable

d. the annual rate of turnover of output

e. the annual rate of turnover of workers in the labor market

ANSWER:

b. the speed at which the typical dollar circulates

Posted by Cleveland on September 10, 2024