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income velocity of circulation of money

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  • velocity of circulation — The average number of times that a unit of money is used in a specified period, approximately equal to the total amount of money spent in that period divided by the total amount of money in circulation. The income velocity of circulation is the… …   Big dictionary of business and management

  • money — moneyless, adj. /mun ee/, n., pl. moneys, monies, adj. n. 1. any circulating medium of exchange, including coins, paper money, and demand deposits. 2. See paper money. 3. gold, silver, or other metal in pieces of convenient form stamped by public …   Universalium

  • Quantity theory of money — In economics, the quantity theory of money is a theory emphasizing the positive relationship of overall prices or the nominal value of expenditures to the quantity of money. Origins and development of the quantity theory The quantity theory… …   Wikipedia

  • inflation — /in flay sheuhn/, n. 1. Econ. a persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency (opposed to deflation). 2. the act of inflating. 3. the state …   Universalium

  • ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …   Encyclopedia of Judaism

  • Irving Fisher — Infobox Scientist name = Irving Fisher caption = Irving Fisher, 1927 birth date = Birth date|1867|2|27|mf=y birth place = Saugerties, New York, U.S.A. death date = Death date and age|1947|4|29|1867|2|27|mf=y death place = New York City, New York …   Wikipedia

  • Fall of the Ottoman Empire — issues cleanup=Sep 2008 refimprove=Sep 2008 wikify=Sep 2008 Republic of Turkey (superimposed upon modern borders). Some scholars argue the power of the Caliphate began waning by 1683, and without the acquisition of significant new wealth the… …   Wikipedia

  • Economic history of the Ottoman Empire — covers the period 1299 1923. The economic history falls into two distinctive sub periods.Fact|date=July 2008 The first is the classic era (enlargement), which comprised a closed agricultural economy, showing regional distinctions within the… …   Wikipedia

  • Debt deflation — is a theory of economic cycles, which holds that recessions and depressions are due to the overall level of debt shrinking (deflating): the credit cycle is the cause of the economic cycle. The theory was developed by Irving Fisher following the… …   Wikipedia

  • Social Credit — is a socio economic philosophy wherein consumers, fully provided with adequate purchasing power, establish the policy of production through exercise of their monetary vote.cite book |title=Credit Power and Democracy |last=Douglas |first=C.H.… …   Wikipedia

  • The Natural Economic Order — is the most famous book of Silvio Gesell. PUBLISHED REFERENCES TO GESELL S THEORY John Maynard Keynes: General Theory of Employment, Interest and Money (1936): Gesell s main book is written in cool, scientific language; though it is suffused… …   Wikipedia

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