What is dollar velocity

1 answer:

8 0

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.

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Question 3

stiv31 [10]

The next step which Heather should take after she has gotten a fraudulent call asking for her credit card details is to hang up and call her credit card company using the 1-800 number on the back of her card to inquire about the issue or report the attempted phone fraud.

As a result of this, we can see that Heather was a target of an attempted phone fraud where a caller asks her to give her 16-digit credit card details so that the supposed error could be cleared up.

It is worth noting that this information can be used to steal money from her checking account and Heather would best not give out such sensitive details over the phone, but call the company to see if the call is really from them.

Therefore, the correct answer is option C

Read more about phone fraud here:

brainly.com/question/8969110

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1 year ago

Leah deposited $50,000 in the bank. Three years later, she borrowed $40,000 for a new truck. From this description, which is the

Anarel [89]

B. leah did not have to provide collateral

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2 years ago

Read 2 more answers

If national unemployment is at 15% the government should adopt ___ fiscal policy.

san4es73 [151]

Answer:

c. expansionary.

Explanation:

the goal of expansionary fiscal policy is to reduce unemployment. therefore the tools would be an increase in government spending and/or a decrease in taxes.

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2 years ago

During 2019, Revitup, Inc., an exercise video retailer, sold $24,000 of videos to its customers. Revitup collected $22,000 and e

Oksanka [162]

Answer:

$24,000

Explanation:

Since in the question it is provided that there is a sale value of the videos to its customers i.e. $24,000 also the collection is of $22,000 and the remaining balance i.e. $2,000 is expected to collect in Jan 2020

Based on the above information, the revenue should be reported on the income statement at the $24,000 as this amount represent the sale value of the videos to its customers and hence, the same is to be considered

Hence, 24,000 would be reported as a revenue in the income statement

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Third generation currency crisis model definition

mel-nik [20]

It is u the definition is u its just u

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