Torque the vector cross product, p is the particle's linear momentum, and r is the displacement vector from the origin (the origin is assumed to be a fixed location anywhere in space). The time-derivative of this is: This result can easily be proven by splitting the vectors into components and applying the product rule. Now using the definition of force formula_17 (whether or not mass is constant) and the definition of velocity formula_18 The cross product of momentum formula_20 with its associated velocity formula_21 is zero because velocity and momentum are parallel, so the second term vanishes. By definition, torque τ
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