Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Velocity of money is ...
Editor's note: This article was originally published in 2016 and has been updated for 2018. We practitioners of the technological arts have a tendency to use specialized jargon. That's not unusual.
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What is velocity of money and what it indicates in economy? Formula and importance EXPLAINED
The velocity of money measures how quickly money circulates in an economy. Calculated as GDP divided by money supply, it indicates economic activity and spending habits. High velocity suggests robust ...
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