I. Introduction: the basic equation, 224. — II. Production one batch at a time; the length of the "production process" as the determinant of circular velocity, 226. — III. Production in overlapping batches; the intervals between successive payments; the relative timing of payment schedules; other determining factors, 230. — IV. Several different production processes; shifts in demand; new investment, 243. — V. "Idle" balances of cash; their effect on circular velocity; probably the chief source of short-period fluctuations in velocity, 251. — VI. The statistical data; inferences therefrom, 259. — VII. The related problem of working capital. Three definitions; the value of working capital, 264.

Journal Article Angell, the Behavior of Money Get access Frederick A. Bradford Frederick A. Bradford Lehigh University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 51, Issue 2, February 1937, Pages 364–373, https://doi.org/10.2307/1882095 Published: 01 February 1937