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Economics
MEDIUM
ENGLISH
Economics
It is difficult to determine if the velocity of money is constant over time because ?
A
it is difficult to measure the value of nominal GDP over time
Option A
B
there has been very little fluctuation in the money supply over time.
Option B
C
it is difficult to measure the demand for money over time
Option C
whether velocity is constant or not may depend on how the money supply is measure.
Correct answer
Correct answer: D
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