It is difficult to determine if the velocity of money is constant over time because ?

A. whether velocity is constant or not may depend on how the money supply is measure.

B. it is difficult to measure the value of nominal GDP over time

C. it is difficult to measure the demand for money over time

D. there has been very little fluctuation in the money supply over time.

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.