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.