what is velocity of money ?

Multiple Choice O The number of times per year that the average unit of currency is spent buying final goods and services. O The rate at which MI changes into M2 or M3 O The money supply divided by the level of GDP O The number of umes per year that each unit of currency is used before it is recalled by The Canadian MineMultiple Choice That the velocity and the supply of money vary directly with one another That if the economy is at full employment. then an Increase in M will cause a proportionate decrease In P. O MV = PQ O MP = VOMultiple Choice The sum of its money, gold, and stocks and bonds. The quantity of gold it possesses. O Its nominal GDP O Its real GDPThe action of individuals or private institutions buying a newly issued Canada Savings Bond or a treasury bill: Multiple Choice O decrease the size of the government's debt Is borrowing by the government to finance a budget deficit O is unrelated to both government budget surpluses and deficits