SSC MTS 2023 PYQ — Question 88

SSC MTS - 09 May 2023 - Shift 1 • General Awareness • Q88

The number of times a unit of money changes hands during the unit period is called teh ______.

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. velocity of circulation of money.

The number of times a unit of money changes hands during a unit period is called the "velocity of money." It's a concept often used in economics to measure the rate at which money is exchanged in an economy.