1246EconomicsMedium
Velocity of circulation of money means?
AThe number of times as unit of money changes hands monthly
BThe number of times a unit of money changes hands annually
CThe number of times a unit of money changes value
DThe number of times a unit of money changes hands daily
Correct answer
B. The number of times a unit of money changes hands annually
Explanation
The correct answer is The number of times a unit of money changes hands annually.