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<div class="article abstract-view" itemprop="articleBody"><span class="highwire-journal-article-marker-start"></span><h1 id="article-title-1" itemprop="headline">The Secular Trend in Monetary Velocity</h1>
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<li class="last" id="contrib-1"><span class="name"><a class="name-search"
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href="/search?author1=Clark+Warburton&sortspec=date&submit=Submit">Clark Warburton</a></span></li>
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<li class="aff"><a id="aff-1" name="aff-1"></a><address><span class="addr-line">McLean, Virginia</span></address>
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<div class="section abstract" id="abstract-1" itemprop="description">
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<h2>Summary</h2>
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<p id="p-1">Introduction: Change in monetary velocity as a measure of change in the demand for money, 68. — Types of money and their respective
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velocities, 69. — Velocity data pertinent to analysis of business fluctuations, 71. — Controversial issues regarding monetary
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velocity, 74. — The secular trend in circuit velocity of money, 75. — The trend in velocity and growth in time deposits, 81.
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— Seasonality of production and the rate of use of money, 84. — Factors in the declining trend in the rate of use of money,
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86. — Interrelations between changes in the quantity and velocity of money, 90.
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