Respuesta :
This translates to a slower rate of money transfers. A decrease in velocity lowers the price level, all else being same.
Give a brief account on Covid-19.
The COVID-19 pandemic, sometimes regarded as the coronavirus pandemic, is a persistent worldwide outbreak of the coronavirus illness 2019 (COVID-19), which is brought on by severe acute respiratory syndrome coronavirus 2. (SARS-CoV-2). In an outbreak in the Chinese city of Wuhan in December 2019, the new virus was initially discovered. There were attempts to contain it, but they were unsuccessful, allowing the virus to spread to other parts of Asia and then the world. The epidemic was deemed an international public health emergency on January 30, 2020, and a pandemic on March 11, 2020, by the World Health Organization (WHO). One of the worst in history, the pandemic had resulted in over 651 million illnesses and 6.65 million confirmed deaths as of 15 December 2022.
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