Sentence examples for equation of exchange from inspiring English sources
Underlying the monetarist theory is the equation of exchange, which is expressed as MV = PQ.
Analysts worked this out by deriving the speed (velocity) that money moves around the economy using what is known as the "equation of exchange".
Friedman's 1956 "The Quantity Theory of Money: A Restatement" incorporated Keynes's demand for money and liquidity preference into an equation similar to the classical equation of exchange.
According to the equation of exchange: MV=PY where M is the money supply, V is the velocity of money (related to people's demand for money), P is the price level and Y is real output.
An equation of heat exchange between two objects and an equation of conservation of energy/momentum are the examples.
The equation of state exchange energy (X12) and entropy (Q12) parameters and the ratio of contact sites (S2/S1) of the poly(dimethylsiloxane -benzene system were dimethylsiloxane -benzene of systemtheory and intrinsic viscosity measurements.
Based on the electrolytic reaction and the balance equation of hydrogen isotope exchange in gas and liquid phases, the dynamic equation of impurity hydrogen is established during heavy water electrolysis.
Panel B of Tables 7 and 8 reports the results about conditional variance equation in which impact of exchange rate volatility & interest rate volatility on both indices' stock returns volatility is examined.
This paper presents the basic principles of the evaporative cooling process for human thermal comfort, the principles of operation for the direct evaporative cooling system and the mathematical development of the equations of thermal exchanges, allowing the determination of the effectiveness of saturation.
By means of several transformations one establishes matrix formulae based on equations of radiative exchanges containing variables defined in a discrete analog form, and further on, by means of a multidisciplinary approach, the solutions are organized in algorithms that use the theory of networks, graphs and electric circuits.
Specific retention volumes, V0g and the thermodynamical polymer solvent interaction parameters such as Flory–Huggins, χ∞12, equation-of-state, χ∗12 and effective exchange energy, Xeff were found for all studied solvents.
