Multiple Choice
Which of the following statements about the velocity of money is true?
A) Velocity does not change over time.
B) Velocity has been rapidly increasing every year since the early 1980s.
C) Changes in velocity are directly related to changes in the money supply.
D) At any particular moment in time the velocity of money can be considered fixed because velocity does not change significantly from month to month.
Correct Answer:

Verified
Correct Answer:
Verified
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