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#1 (permalink)

04-27-2008, 07:39 PM

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Please help me with my economics homework. Thank you.?

Could you please tell me your thoughts about this question

times the (M)oney Supply = the (P)rice level times (O)utput. A challenge to the monetarists by the critics of monetary policy is that velocity of money is not stable or constant. The pragmatic monetarists believe, however, that velocity of money is predictable with all the data available in this age of technology. On a logical level one would know the fastest rate of cash turnover is the holiday season at the end of the year beginning with Thanksgiving. What do you think is the second fastest period of money turnover and why? Also, what period during the year do you think is the slowest and why?

thank you

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