The rate at which money changes hands is known as the?

a

rate of inflation

b

velocity of transactions

c

velocity of money

d

velocity of circulation

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Correct Option
d

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Discussions (6)

colikstan
3 years ago

Velocity of money is the answer anytime
Students please also do your own research
Don't just take whatever is given to you

PuertoSans
9 years ago

The term "velocity of money" refers to how fast money passes from one holder to the next.



C is the correct answer.

Adebajor95
9 years ago

Velocity of circulation is the amount of units of money circulated in the economy during a given period of time WHILE The velocity of money is the rate at which money is exchanged from one transaction to another and how much a unit of currency is used in a given period of time.

aydultimate
7 years ago

Velocity of money is the rate at which money move from one hand to another in an economy. The correct answer to this question is C. Pls make corrections

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