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The polynomial \( 2 v^{3} \) is a monomial. A monomial consists of a single term, which in this case is made up of the coefficient 2 and the variable \( v \) raised to the power of 3. Since it has just one term, it doesn't have multiple components like binomials or polynomials with more than one term. In terms of degree, this polynomial has a degree of 3, which is determined by the highest exponent of the variable present in the term. A higher degree often indicates more complex behavior when graphed. So, you’re looking at a cubic term here!