The velocity of money is the: a. number of times per year each ...

[lracut11]

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.

[mohan]

Answer to Question 1

a

Answer to Question 2

d

[lracut11]

Excellent

[sultansheikh]

Thanks for the timely response, appreciate it