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Which of the following statements are true about the velocity ofmoney? Choose one or more: A. Velocity is part of the equation of exchange. B.

Which of the following statements are true about the velocity ofmoney? Choose one or more:

A. Velocity is part of the equation of exchange.

B. Velocity is the number of times a unit of currency exchangeshands in a given year.

C. An increase in velocity, all else being equal, increases realGDP.

D. An increase in velocity, all else being equal, increasesnominal GDP.

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