12 of 25 Velocity is a term used by economists to describe how slowly money circulates through the economy. O how quickly money circulates through the economy. the average dollar. inflation.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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I’m confused on all three please help!
12 of 25
Velocity is a term used by economists to describe
how slowly money circulates through the economy.
how quickly money circulates through the economy.
the average dollar.
O inflation.
13 of 25
The asset side of a bank's simplified balance sheet includes
O required reserves, U.S. government securities, and loans.
O U.S. government securities, deposits, and net worth.
deposits and net worth.
loans, deposits, and net worth.
14 of 25
Given the many changes in banking and prevalence of electronic banking,
economists favor the use of M1 as the measure of money.
economists favor the use of M2 as a measure of money.
economists favor the use of M3 as a measure of money.
O economists favor using M1 and M2 to measure money.
Transcribed Image Text:12 of 25 Velocity is a term used by economists to describe how slowly money circulates through the economy. how quickly money circulates through the economy. the average dollar. O inflation. 13 of 25 The asset side of a bank's simplified balance sheet includes O required reserves, U.S. government securities, and loans. O U.S. government securities, deposits, and net worth. deposits and net worth. loans, deposits, and net worth. 14 of 25 Given the many changes in banking and prevalence of electronic banking, economists favor the use of M1 as the measure of money. economists favor the use of M2 as a measure of money. economists favor the use of M3 as a measure of money. O economists favor using M1 and M2 to measure money.
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