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Business, 20.10.2019 10:30 winterblanco

The velocity of money is the:

a. rate at which the price index for consumer goods rises.

b. multiple by which an increase in government expenditures will cause output to expand.

c. average number of times a dollar is used to buy goods and services included in gdp.

d. number of times a dollar is taken out of the country during a year.

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Answers: 1

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The velocity of money is the:

a. rate at which the price index for consumer goods rises...
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