M=(P*Y/V)

Demand for money= (Price level * Output)/Velocity of money, where velocity equals amount of times money changes hands in a period.

The Velocity of Gary grossed $34,145 worldwide.

The Velocity of Gary grossed $34,145 in the domestic market.

1. Velocity of money is the rate or frequency money gets exchanged over a period of time. It can be siad that Volcoity of money can be a variable that determines of inflation. It may be used as a a warning sign for hyper-inflation.

The money velocity is the average number of times a unit of money is used in a specific period of time. For example, you could say the annual money velocity of a US dollar bill is 3 (any dollar bill, on average, was used three times this year). Money velocity can be calculated using a specific formula:

V = ( P * Q ) / M ; V = Money velocity, P = aggregate Price level, Q =

aggregate quantity of goods and services, and M =

total amount of money (money supply).

The formula can also be rewritten like so:

M * V = P * Q; where P * Q equals the nominal GDP.