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If a Certain Household Earns and Spends $24,000 Per Year 1/6.1 / 6 .

Question 69

Multiple Choice

If a certain household earns and spends $24,000 per year and, on the average, holds a money balance of $6,000, then the velocity of money for this household is


A) 6.
B) 1/6.1 / 6 .
C) 4.
D) 1/41 / 4

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