3:28Long-form

Quantity Theory of Money

United StatesPublished January 17, 2017

Views 579K  |  Likes 8.55K  |  Comments 163
Views#812,177Global
Views#182,858United States

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Marginal Revolution UniversityMarginal Revolution University
416K subs1.33K videosOct 2006

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579,739

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8,556

Comments

163

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About

The quantity theory of money is an important tool for thinking about issues in macroeconomics. The equation for the quantity theory of money is: M x V = P x Y What do the variables represent? M is fairly straightforward – it’s the money supply in an economy. A typical dollar bill can go on a long journey during th…

Published
January 17, 2017
Made for kids
No

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