quantity theory

noun

Definition of quantity theory

: 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

Examples of quantity theory in a Sentence

Recent Examples on the Web

Writing on a tablecloth, Jackman and Savouri turned to the quantity theory of money. — Lionel Laurent, Bloomberg.com, "What Bitcoin Is Really Worth May No Longer Be Such a Mystery," 19 Apr. 2018

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