Question: Can I get an answer with explanations? 1) If there are 100 transactions in a year and the average value of each transaction is $10,

Can I get an answer with explanations?

1) If there are 100 transactions in a year and the average value of each transaction is $10, then if there is $200 of money in the economy, transactions velocity is times per year. a) 5 b) 10 c) 2 d) 0.2

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