Variable-mass system the momentum of the system varies for Therefore, by Newton's second law Noting that u - v is the velocity of d"m" relative to "m", symbolized as v, this final equation can be arranged as In a system where mass is being ejected or ablated from a main body, the derivation is slightly different. At time "t", let a mass "m" travel at a velocity v, meaning the initial momentum of the system is Since the main body will be losing mass, d"m" will be negative, meaning that at a time "t" + d"t" the momentum of the system becomes
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