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Why did the velocity of circulation of M2 decrease during the 2010s? Because _______. A. hacking slowed the Internet and forced the banks to replace
Why did the velocity of circulation of M2 decrease during the 2010s? Because _______. A. hacking slowed the Internet and forced the banks to replace electronic transactions with paper checks B. the velocity of circulation is just a residual number calculated as PY/M. C. the banks cancelled a large number of credit cards. D. interest rates fell to very low levels, which increased the quantity of money held
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