In Hubble's Law ($v = H_0 d$), what does the Hubble Constant ($H_0$) specifically quantify?

Answer

The current rate at which the universe is expanding

$H_0$ is the proportionality factor that links a galaxy's distance to its current recessional velocity, representing the expansion rate at the present time.

In Hubble's Law ($v = H_0 d$), what does the Hubble Constant ($H_0$) specifically quantify?
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