Multiple Choice
During hyperinflations, the velocity of money generally increases because
A) money is no longer a good store of value, so people spend it slowly.
B) money is better store of value, so people spend it immediately.
C) economic agents have irrational expectations.
D) money is no longer a good store of value, so people spend it immediately.
Correct Answer:

Verified
Correct Answer:
Verified
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