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Quantity Theory of Money

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Quantity Theory of Money 

This theory holds that the amount of money in the economy determines the price level in the long run.

Peter Dungan, Toronto  PPG1002H and Principles of Macroeconomics by Mankiw, Kneebone, McKenzie and Rowe. 

 

Information for this concept organized by Ben Eisen based on lecture notes from Peter Dungan’s PPG 1003H and the textbook Principles of Macroeconomics by Mankiw, Kneebone, McKenzie and Rowe


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