The Armenian Economist: The Growing Cash in Circulation
Written by admin on April 3, 2007 – 3:01 pm -As for inflation, the “Equation of Exchange” sets the relationship between the money supply and economic activity: M.V=P.Q where M is money supply ( currency and bank deposits), V its velocity (number of times a Dram changes hands), P price index, … See the original post here: The Armenian Economist: The Growing Cash in Circulation Read More →
Posted in Uncategorized | No Comments »