Rigid body dynamics r and velocities v. Select a reference point R and compute the relative position and velocity vectors, The total linear and angular momentum vectors relative to the reference point R are and If R is chosen as the center of mass these equations simplify to To specialize these formulas to a rigid body, assume the particles are rigidly connected to each other so P, i=1...,n are located by the coordinates r and velocities v. Select a reference point R and compute the relative position and velocity vectors, where ω is the angular velocity of the system. The linear momentum and
Velocity of money part of this tiny economy's gross domestic product (GDP). The velocity of money provides another perspective on money demand. Given the nominal flow of transactions using money, if the interest rate on alternative financial assets is high, people will not want to hold much money relative to the quantity of their transactions—they try to exchange it fast for goods or other financial assets, and money is said to "burn a hole in their pocket" and velocity is high. This situation is precisely one of money demand being low. Conversely, with a low opportunity cost velocity is low and money demand