the quantity theory of money Flashcards
1
Q
quantity theory of money
A
-fisher equation: PQ=MV
-fixed are Q and V
-MV is what is bought, PQ is what is sold
macroeconomics > the quantity theory of money > Flashcards
quantity theory of money
-fisher equation: PQ=MV
-fixed are Q and V
-MV is what is bought, PQ is what is sold