单选题 The development most likely to lead to an increase in the velocity of money is:
  • A. a decrease in money interest rates resulting from restrictive fiscal policy.
  • B. an increase in the expected rate of inflation.
  • C. a sharp decline in the use of credit cards.
【正确答案】 B
【答案解析】Higher expected inflation leads to higher nominal interest rates and higher velocity. It will also lead to higher prices, but this is not one of the choices.