the average rate at which money is used. Velocity of circulation for a given period, e.g. a year, is calculated by dividing the amount of money spent in that time by the amount of money in circulation at that time
单词 | velocity of circulation |
释义 | velocity of circulationnounthe average rate at which money is used. Velocity of circulation for a given period, e.g. a year, is calculated by dividing the amount of money spent in that time by the amount of money in circulation at that time |
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