Add to Chrome
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
The Velocity of Money is...
the average number of times a "dollar" ($1 in the money supply - whether paper or digital) changes hands per year.
unchanging over time.
Nominal GDP divided by the Money Supply
Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!