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词汇 quantity theory
释义

Definition of quantity theory in English:

quantity theory

(also the quantity theory of money)
noun
mass nounEconomics
  • The hypothesis that changes in prices correspond to changes in the monetary supply.

    〔经济〕货币数量说(认为价格随货币供应量变化的假说)

    Example sentencesExamples
    • Even among those who had previously espoused the quantity theory, almost no economist linked the economic recovery to growth of the money stock.
    • If these two variables were assumed to remain constant, then the simple quantity theory would predict the price level to change in proportion to a change in the money supply.
    • The correlation between price level and money supply is determined by the quantity theory of money.
    • Traditionally, classical economists supported the quantity theory of money as explaining price levels.
    • These essays show, however, that he clearly subscribes to the quantity theory of monetary history, although he does not address any of the criticisms which have been levelled against it.

Definition of quantity theory in US English:

quantity theory

(also the quantity theory of money)
noun
Economics
  • The hypothesis that changes in prices correspond to changes in the monetary supply.

    〔经济〕货币数量说(认为价格随货币供应量变化的假说)

    Example sentencesExamples
    • If these two variables were assumed to remain constant, then the simple quantity theory would predict the price level to change in proportion to a change in the money supply.
    • Even among those who had previously espoused the quantity theory, almost no economist linked the economic recovery to growth of the money stock.
    • These essays show, however, that he clearly subscribes to the quantity theory of monetary history, although he does not address any of the criticisms which have been levelled against it.
    • Traditionally, classical economists supported the quantity theory of money as explaining price levels.
    • The correlation between price level and money supply is determined by the quantity theory of money.
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