It is difficult to determine if the velocity of money is constant ove – McqOptions

MCQOPTIONS

1.	It is difficult to determine if the velocity of money is constant over time because ?
A.	it is difficult to measure the value of nominal GDP over time
B.	there has been very little fluctuation in the money supply over time.
C.	it is difficult to measure the demand for money over time
D.	whether velocity is constant or not may depend on how the money supply is measure.
Answer» E.

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