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quantity theory

noun
1.
(economics) a theory stating that the general price level varies directly with the quantity of money in circulation and the velocity with which it is circulated, and inversely with the volume of production expressed by the total number of money transactions
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Examples from the Web for quantity theory
Historical Examples
  • There is no such a priori simplicity as the quantity theory deals with.

    The Value of Money Benjamin M. Anderson, Jr.
  • For the quantity theory, dodo-bones, or anything else will do.

    The Value of Money Benjamin M. Anderson, Jr.
  • But the equation of exchange, as we have seen, does not prove the quantity theory.

    The Value of Money Benjamin M. Anderson, Jr.
  • But this is not to assert the doctrine of the quantity theory.

    The Value of Money Benjamin M. Anderson, Jr.
  • It is a part of the quantity theory that this is unnecessary.

    The Value of Money Benjamin M. Anderson, Jr.
  • For the quantity theory, the fall will be in proportion to the increase.

    The Value of Money Benjamin M. Anderson, Jr.
  • The quantity theory conflicts with the capitalization theory.

    The Value of Money Benjamin M. Anderson, Jr.
  • Certainly in its origin, the quantity theory is much the older theory.

    The Value of Money Benjamin M. Anderson, Jr.
  • But it is not clear that Ricardo added anything to the quantity theory.

    The Value of Money Benjamin M. Anderson, Jr.
  • The quantity theory is to be treated in detail at a later point of our study.

    The Value of Money Benjamin M. Anderson, Jr.

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