Equation for the Quantity Theory of Money
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Last updated 3:43 AM on 5/7/25
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5 Terms
1
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M x V = P x Y
2
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M
being the amount of money in a given ecnomy
3
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V
the veloity of money
4
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P
general price level of ecnomy
5
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Y
the total transitions, number of goods and services sold
Note 
Flashcards (46)