- quantity theory
- noun Date: 1888 a theory in economics: changes in the price level tend to vary directly with the amount of money in circulation and the rate of its circulation
New Collegiate Dictionary. 2001.
quantity theory
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quantity theory — noun or quantity theory of money : a theory in economics: changes in the price level and the value of money vary with changes in the amount of money in circulation … Useful english dictionary
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 see quantity theory … Useful english 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
The Quantity Theory of Insanity — Infobox Book title orig= translator= image caption= The Book s Cover name= The Quantity Theory of Insanity author= Will Self illustrator= cover artist= country= United Kingdom language= English series= genre= Short Story Collection publisher=… … Wikipedia
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
theory — /thee euh ree, thear ee/, n., pl. theories. 1. a coherent group of general propositions used as principles of explanation for a class of phenomena: Einstein s theory of relativity. 2. a proposed explanation whose status is still conjectural, in… … Universalium
quantity — n. (pl. ies) 1 the property of things that is measurable. 2 the size or extent or weight or amount or number. 3 a specified or considerable portion or number or amount (buys in quantity; the quantity of heat in a body). 4 (in pl.) large amounts… … Useful english dictionary
