Which of the following is the LEAST scarce?

What is velocity of money?

A) It is the number of times households convert bonds to money to facilitate economic transactions. B) It is the rate at which money supply is spent to obtain the goods and services that make up GDP during a particular time period. C) It is the rate at which money supply can grow while keeping the price level stable. D) It is the number of times the money supply is spent to obtain the goods and services that make up GDP during a particular time period.

Refer to Scenario 3 . What is the maximum potential increase in coconut production and maximum potential increase in hut production described in the previous question?

What will be an ideal response?