際際滷shows by User: mabduljamal / http://www.slideshare.net/images/logo.gif 際際滷shows by User: mabduljamal / Sat, 01 Dec 2018 14:59:12 GMT 際際滷Share feed for 際際滷shows by User: mabduljamal Quantity Theory of Money /slideshow/quantity-theory-of-money-124579545/124579545 qtm-abduljamal-181201145912
In monetary economics, the quantity theory of money (QTM) states that the general price level of goods and services is directly proportional to the amount of money in circulation, or money supply. The theory was challenged by Keynesian economics,but updated and reinvigorated by the monetarist school of economics. While mainstream economists agree that the quantity theory holds true in the long run, there is still disagreement about its applicability in the short run. Critics of the theory argue that money velocity is not stable and, in the short-run, prices are sticky, so the direct relationship between money supply and price level does not hold. Alternative theories include the real bills doctrine and the more recent fiscal theory of the price level.]]>
In monetary economics, the quantity theory of money (QTM) states that the general price level of goods and services is directly proportional to the amount of money in circulation, or money supply. The theory was challenged by Keynesian economics,but updated and reinvigorated by the monetarist school of economics. While mainstream economists agree that the quantity theory holds true in the long run, there is still disagreement about its applicability in the short run. Critics of the theory argue that money velocity is not stable and, in the short-run, prices are sticky, so the direct relationship between money supply and price level does not hold. Alternative theories include the real bills doctrine and the more recent fiscal theory of the price level.]]> Sat, 01 Dec 2018 14:59:12 GMT /slideshow/quantity-theory-of-money-124579545/124579545 mabduljamal@slideshare.net(mabduljamal) Quantity Theory of Money mabduljamal In monetary economics, the quantity theory of money (QTM) states that the general price level of goods and services is directly proportional to the amount of money in circulation, or money supply. The theory was challenged by Keynesian economics,but updated and reinvigorated by the monetarist school of economics. While mainstream economists agree that the quantity theory holds true in the long run, there is still disagreement about its applicability in the short run. Critics of the theory argue that money velocity is not stable and, in the short-run, prices are sticky, so the direct relationship between money supply and price level does not hold. Alternative theories include the real bills doctrine and the more recent fiscal theory of the price level. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/qtm-abduljamal-181201145912-thumbnail.jpg?width=120&amp;height=120&amp;fit=bounds" /><br> In monetary economics, the quantity theory of money (QTM) states that the general price level of goods and services is directly proportional to the amount of money in circulation, or money supply. The theory was challenged by Keynesian economics,but updated and reinvigorated by the monetarist school of economics. While mainstream economists agree that the quantity theory holds true in the long run, there is still disagreement about its applicability in the short run. Critics of the theory argue that money velocity is not stable and, in the short-run, prices are sticky, so the direct relationship between money supply and price level does not hold. Alternative theories include the real bills doctrine and the more recent fiscal theory of the price level.
Quantity Theory of Money from Abdul Jamal
]]> 26046 2 https://cdn.slidesharecdn.com/ss_thumbnails/qtm-abduljamal-181201145912-thumbnail.jpg?width=120&height=120&fit=bounds presentation Black http://activitystrea.ms/schema/1.0/post http://activitystrea.ms/schema/1.0/posted 0 https://cdn.slidesharecdn.com/profile-photo-mabduljamal-48x48.jpg?cb=1728008174 Dr. M. Abdul Jamal has a PhD in Economics from the University of Madras, Chennai. He is working as an Assistant Professor, Post Graduate and Research Department of Economics, The New College (Affiliated to University of Madras), Chennai, Tamil Nadu. He is having good academic publications both in National and International Journals to his credit. www.thenewcollege.in