The principal factor determining velocity is the

A. level of income.
B. frequency with which paychecks are distributed.
C. frequency with which taxes are paid.
D. growth rate of real output.

Answer: B

Economics

You might also like to view...

All of the following will shift the labor supply curve except

A) an increase in labor force participation rate among women. B) a change in a country's immigration policy. C) an increase in the average age of retirement. D) an increase in the wage rate.

Economics

Which of the following are used as nontariff barriers?

A) health and safety standards B) government procurement policies C) domestic content laws D) All of the above

Economics