quantity theory of money उदाहरण वाक्य
उदाहरण वाक्य
- The quantity theory of money holds that changes in price level are directly related to changes in the money supply.
- Currently, the quantity theory of money is widely accepted as an accurate model of inflation in the long run.
- Friedman developed his own quantity theory of money that referred to Irving Fisher's but inherited much from Keynes.
- Fisher espoused a more succinct explanation of the quantity theory of money, resting it almost exclusively on long run prices.
- The quantity theory of money was a central part of the classical theory of the economy that prevailed in the early twentieth century.
- He also, in 1517, set down a quantity theory of money, a principal concept in economics to the present day.
- John Maynard Keynes criticized the quantity theory of money in " The General Theory of Employment, Interest and Money ".
- In the quantity theory of money, this is expressed as MV = PY, where money supply times velocity equals price times output.
- He was an acute critic of nearly all other writers on money, and especially of Irving Fisher and his mechanical quantity theory of money.
- The quantity theory of money, simply stated, says that any change in the amount of money in a system will change the price level.