Answered

Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

What term is a measure of the speed in which cash is spent by entrepreneurial firms, which often have negative income and a high growth rate?.

Sagot :

Tundexi

The term "velocity of money" refers to the measure of the speed in which cash is spent by entrepreneurial firms which often have negative income and a high growth rate.

What is a velocity of money?

It refers to the frequency at which one unit of currency is used to purchase produced goods &  services within a given time period. It can also be the number of times one dollar is spent to buy goods and services per unit of time.

If velocity of money is increasing, then, more of transactions are occurring between individuals in an economy. The frequency of currency exchange can be used to determine the velocity of a given component of the money supply.

Read more about velocity of money

brainly.com/question/15125176

#SPJ1

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.