In the United States, the long-run average growth rate of velocity in recent decades has been
A) about 2 percent per year.
B) about 1 percent per year.
C) virtually zero.
D) about -1 percent per year.
E) about -2 percent per year.
C
You might also like to view...
Refer to the accompanying graph. If this firm is a price taker, then when the price of each unit if output is $15, what is this firm's profit-maximizing level of output? 
A. 60 B. 45 C. 80 D. 0
In the table above, what inflation rate belongs in space A?
A) 17.0 percent B) 6.8 percent C) 8.3 percent D) -4.0 percent
A disadvantage of the corporate form of business organization is
A) double taxation. B) limited access to capital. C) that the corporation can only do business in the state where it was incorporated. D) unlimited liability for shareholders.
If Dylan saves $50 per week, then Dylan's ________ will increase by $50 per week.
A. consumption B. taxes C. wealth D. investment