Quantity Theory of Money Formula
Equation for calculate quantity theory of money is,
M = P•(Y÷V)
where, M = stock of money, V = velocity (how many times a unit of money turns over during a period of time), P = price level, Y = real incomeEquation for calculate quantity theory of money is,
M = P•(Y÷V)
where, M = stock of money, V = velocity (how many times a unit of money turns over during a period of time), P = price level, Y = real income