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In the equation of exchange, the average number of times a dollar is used to purchase a final good or service is the ____________ of money.Group of answer choicesturnoverelasticityvelocitytransfer

Question

In the equation of exchange, the average number of times a dollar is used to purchase a final good or service is the ____________ of money.Group of answer choicesturnoverelasticityvelocitytransfer

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Solution

In the equation of exchange, the average number of times a dollar is used to purchase a final good or service is the velocity of money.

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