quantity theory

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noun

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

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His boss, whom he admires, is waiting to meet with him about the big project.

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Words nearby quantity theory

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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

How to use quantity theory in a sentence

The quantity theory has, unfortunately, been made the basis of arguments for unsound currency schemes.
Readings in Money and Banking|Chester Arthur Phillips
The quantity theory will be made more clear by the equation of exchange, which is now to be explained.
Readings in Money and Banking|Chester Arthur Phillips
There is nothing whatever in the plan itself which could not be accepted by those who reject the quantity theory altogether.
Readings in Money and Banking|Chester Arthur Phillips
It is true that many writers still oppose the quantity theory.
Readings in Money and Banking|Chester Arthur Phillips

There is no such a priori simplicity as the quantity theory deals with.
The Value of Money|Benjamin M. Anderson, Jr.