Solved

The Average Number of Times That a Dollar Is Spent

Question 58

Multiple Choice

The average number of times that a dollar is spent in buying the total amount of final goods and services produced during a given time period is known as


A) gross national product.
B) the spending multiplier.
C) the money multiplier.
D) velocity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions