Definition of quantity theory in English:

quantity theory

(also the quantity theory of money)

noun

mass nounEconomics

The hypothesis that changes in prices correspond to changes in the monetary supply.
Example sentencesExamples
- Even among those who had previously espoused the quantity theory, almost no economist linked the economic recovery to growth of the money stock.
- If these two variables were assumed to remain constant, then the simple quantity theory would predict the price level to change in proportion to a change in the money supply.
- The correlation between price level and money supply is determined by the quantity theory of money.
- Traditionally, classical economists supported the quantity theory of money as explaining price levels.
- These essays show, however, that he clearly subscribes to the quantity theory of monetary history, although he does not address any of the criticisms which have been levelled against it.

Definition of quantity theory in US English:

quantity theory

(also the quantity theory of money)

noun

Economics

The hypothesis that changes in prices correspond to changes in the monetary supply.
Example sentencesExamples
- If these two variables were assumed to remain constant, then the simple quantity theory would predict the price level to change in proportion to a change in the money supply.
- Even among those who had previously espoused the quantity theory, almost no economist linked the economic recovery to growth of the money stock.
- These essays show, however, that he clearly subscribes to the quantity theory of monetary history, although he does not address any of the criticisms which have been levelled against it.
- Traditionally, classical economists supported the quantity theory of money as explaining price levels.
- The correlation between price level and money supply is determined by the quantity theory of money.

单词	quantity theory
释义	Definition of quantity theory in English: quantity theory (also the quantity theory of money) noun mass nounEconomics The hypothesis that changes in prices correspond to changes in the monetary supply. Example sentencesExamples Even among those who had previously espoused the quantity theory, almost no economist linked the economic recovery to growth of the money stock. If these two variables were assumed to remain constant, then the simple quantity theory would predict the price level to change in proportion to a change in the money supply. The correlation between price level and money supply is determined by the quantity theory of money. Traditionally, classical economists supported the quantity theory of money as explaining price levels. These essays show, however, that he clearly subscribes to the quantity theory of monetary history, although he does not address any of the criticisms which have been levelled against it. Definition of quantity theory in US English: quantity theory (also the quantity theory of money) noun Economics The hypothesis that changes in prices correspond to changes in the monetary supply. Example sentencesExamples If these two variables were assumed to remain constant, then the simple quantity theory would predict the price level to change in proportion to a change in the money supply. Even among those who had previously espoused the quantity theory, almost no economist linked the economic recovery to growth of the money stock. These essays show, however, that he clearly subscribes to the quantity theory of monetary history, although he does not address any of the criticisms which have been levelled against it. Traditionally, classical economists supported the quantity theory of money as explaining price levels. The correlation between price level and money supply is determined by the quantity theory of money.
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