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quantity theory of money and prices

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  • 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

  • quantity theory of money —       economic (economics) theory relating changes in the price levels to changes in the quantity of money. In its developed form, it constitutes an analysis of the factors underlying inflation and deflation. As developed by the English… …   Universalium

  • Quantity Theory Of Money — An economic theory which proposes a positive relationship between changes in the money supply and the long term price of goods. It states that increasing the amount of money in the economy will eventually lead to an equal percentage rise in the… …   Investment dictionary

  • quantity theory of money — noun the theory that changes in prices and the value of money vary with changes in the amount of money in circulation …   Wiktionary

  • money, quantity theory of — Economic theory relating changes in the price level to changes in the quantity of money. It has often been used to analyze the factors underlying inflation and deflation. The quantity theory was developed in the 17th and 18th centuries by… …   Universalium

  • 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

  • Money supply — Finance Financial markets Bond market …   Wikipedia

  • Money — For other uses, see Money (disambiguation). Coins and banknotes – the two most common physical forms of money …   Wikipedia

  • Money multiplier — In monetary economics, a money multiplier is one of various closely related ratios of commercial bank money to central bank money under a fractional reserve banking system.[1] Most often, it measures the maximum amount of commercial bank money… …   Wikipedia

  • Monetary-disequilibrium theory — is basically a product of the Monetarist school mainly represented in the works of Leland Yeager and Austrian macroeconomics. The basic concept of monetary equilibrium(disequilibrium) was however defined in terms of an individual s demand for… …   Wikipedia

  • Prices of production — refers to a concept in Karl Marx s critique of political economy. It is introduced in the third volume of Das Kapital, where Marx considers the operation of capitalist production as the unity of a production process and a circulation process… …   Wikipedia

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