Question
Why is that when there is a hyperinflation, the velocity of money would collapse? is it because the currency had become useless and no one
Why is that when there is a hyperinflation, the velocity of money would collapse? is it because the currency had become useless and no one uses it so the velocity of the money collapses?
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Microeconomics Principles, Problems and Policies
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
20th edition
978-0077660819, 77660811, 978-1259450242
