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Number of times a unit of money changes hands in the course of a year is called

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Number of times a unit of money changes hands in the course of a year is called

A).  Supply of money

B).  Purchasing power of money

C).  Velocity of money

D).  Value of money


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 Velocity of money



Number of times a unit of money changes hands in the course of a year is called Velocity of money. The velocity of money is the number of times a unit of money changes hands during exchanges in a year.

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