Economy, asked by santhokumar1091, 1 day ago

In Quantity Theory of Money, what is the form of Fisher's Equation of Exchange ?

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Answered by ItzMADARA

According to Keynes, “The quantity theory of money is a truism.” Fisher's equation of exchange is a simple truism because it states that the total quantity of money (MV+M'V') paid for goods and services must equal their value (PT) $.$

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