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Introduction to Economics 2
Introduction to Economics 2 Deneme Sınavı
Introduction to Economics 2 Deneme Sınavı Sorusu #349712
Introduction to Economics 2 Deneme Sınavı Sorusu #349712
Which of the following is defined as the number indicating how many times a unit of money used in purchase of final goods and services?
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Neutrality of money
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Equation of exchange
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Nominal income
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Velocity of money |
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Precautionary demand |
Yanıt Açıklaması:
Velocity of money is the number that represents, on average, how many times one unit of money is used for purchasing final goods and services.
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