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
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.
1. FDI is an acronym that stands for:
2. Question 4:Explain the Great Leap Forward campaign of China as initiated in 1958.
3. Question 1(ii):How often do you use computers?
4. When a market is in equilibrium
5. Question 3:Some measures of dispersion depend upon the spread of values whereas some calculate the
6. In a typical demand schedule, quantity demanded
7. The Accounting Year of RBI is:
9. In which of the following cities is the headquarters of theUnit Trust of India located
10. Question 8:What is a ‘legal tender’? What is ‘fiat money’?