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Author Question: The velocity of money is the: a. number of times per year each dollar is used to transact an ... (Read 35 times)

lracut11

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on: Jun 30, 2018
The velocity of money is the:
 a. number of times per year each dollar is used to transact an exchange.
  b. rapidity of price increases during inflation.
  c. number of times the price level increases during a year.
  d. time it takes for checks to clear banks.
  e. number of times per year each product is purchased during the year.

Question 2

Unemployment that occurs from fundamental technological changes in the production, or from the substitution of new goods for customary ones, is known as:
 a. underemployment.
  b. seasonal unemployment.
  c. frictional unemployment.
  d. structural unemployment.
  e. cyclical unemployment.


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mohan

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


lracut11

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

parshano

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Reply 3 on: Yesterday
:D TYSM

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