M1 (Velocity of Money) 13:21:15 (UTC) Wed May 27, 2020

The velocity of money is a measure of the number of times that the average unit of currency is used to purchase goods and services within a given time period. The concept relates the size of economic activity to a given money supply and the speed of money exchange is one of the variables that determine inflation.

Yorum:

This is not financial advice.