Economics (M.Phil./Ph.D.) 2015 Panjab University Entrance Exam With Answers

Practice Mode:
8.

The velocity of money measures :

A: The use of each unit of money in purchasing final output
B: The average use of money in purchasing final output
C: The average use of money by consumers in purchasing consumer goods
D: The average use of money by the business sector

The answer is: B

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