"DSK" wrote in message
news
Gilligan wrote:
I was robbed!

Sorry you feel that way. Maybe Bart will award you some points out of
pity.

But you still didn't explain the concept of velocity with regard to the
money supply.

Here's another chance... what's the difference between "velocity" as a
quantifier and any delta in aggregate demand?


Velocity is how many times a dollar is turned over in a given period of
time.

If aggregate demand is the average price times the total number of goods
purchased then they are equal if the aggregate demand is multiplied by the
inverse of the total amount of money in circulation.