Question

Search the internet to find at least two references about the velocity of money? Offer a summary of what you learned in at least 200 words, and include your references in a proper APA formatting.

Answer 1

The economists have different views related to velocity of money and economy and this is used as an indicator for economic health and the pressures of inflation
According to the monetarists there is an argument with relation to velocity needing to be stable absent for change of expectations. This is specifically related with terms of quantity theory of money.
There can be expectations altered around money supply change and velocity and inflation.
Money supply also tends to be theoretically related and result in commensurate for increasing prices. There is Chase of money and with regards to the same level of goods and services. There should be the opposite point with relation to the decrease in money supply.
It is also shown that there is High variability in cover with velocity of lonely and there is resistance for prices for change.

There is empirical data which shows that there is variable relation of velocity of money. According to Friedman inflation is considered as monetary phenomenon