Question

question 12 · 1 point
a higher velocity of money means that the average dollar circulates ——————— in a year.
select the correct answer below:
fewer times
sometimes
more times
evenly

Explanation:

The velocity of money measures how often a unit of currency is used to purchase goods and services within a given time period. A higher velocity means the same amount of money is being spent more frequently. For example, if a dollar is used 5 times in a year (velocity = 5) compared to 3 times (lower velocity), it circulates more times. "Fewer times" would be for lower velocity. "Sometimes" and "evenly" do not relate to the concept of velocity measurement.

Answer:

more times