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    Business
  3. Study Set
    Modern Principles Macroeconomics
  4. Exam
    Exam 12: Inflation and the Quantity Theory of Money
  5. Question
    If,in an Economic Panic,people Decide to Hold Their Money Rather
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If,in an Economic Panic,people Decide to Hold Their Money Rather

Question 116

Question 116

Multiple Choice

If,in an economic panic,people decide to hold their money rather than spend it,the velocity of money will:


A) remain relatively constant.
B) increase.
C) decrease.
D) become unpredictable.

Correct Answer:

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