Quantity equation of money
Equation and meaning
\[M \cdot V = P \cdot Y\]
Quantity equation where %∆M is the growth of money supply, %∆P is the rise in prices (inflation), and %∆Y is the change in real output.
Variables in this formula
M — MEnter this value unless it is the selected unknown.
P — PowerPower SI unit: W
V — VoltageVoltage SI unit: V
Y — YEnter this value unless it is the selected unknown.