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    Principles of Macroeconomics Study Set 12
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    Exam 17: Alternative Views in Macroeconomics
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    A Velocity of 3 Means Money Changes Hands, on Average
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A Velocity of 3 Means Money Changes Hands, on Average

Question 6

Question 6

Multiple Choice

A velocity of 3 means money changes hands, on average, every


A) 3 years.
B) 4 months.
C) 3 months.
D) 1/3 of a month.

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