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Author Question: The average number of times per year each dollar is used to transact an exchange is known as the: ... (Read 119 times)

acc299

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on: Jun 30, 2018
The average number of times per year each dollar is used to transact an exchange is known as the:
 a. liquidity of money.
  b. velocity of money.
  c. quantity theory of money.
  d. equation of exchange
  e. rapidity index

Question 2

Consider a broom factory that permanently closes because of foreign competition. If the broom factory's workers cannot find new jobs because their skills are no longer marketable, then they are classified as:
 a. seasonally unemployed.
  b. frictionally unemployed.
  c. structurally unemployed.
  d. cyclically unemployed.


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orangecrush

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

b

Answer to Question 2

c


acc299

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Reply #2 on: Jun 30, 2018
Correct answers!


orangecrush

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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