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Agata [3.3K]
3 years ago
5

What is dollar velocity

Business
1 answer:
Tresset [83]3 years ago
8 0
<span>The velocity of money is the frequency at which one unit of currency is used to purchase domestically. produced goods and services within a given time period. In other words, it is the number of times one dollar is spent to buy goods and services per unit of time.</span>
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