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Mv pq - PowerPoint PPT Presentation


ECON 100 Tutorial: Week 21

ECON 100 Tutorial: Week 21

ECON 100 Tutorial: Week 21. www.lancaster.ac.uk/postgrad/murphys4/ s.murphy5@lancaster.ac.uk NEW office hours: 2:00PM to 3:00PM tuesdays LUMS C85. Question 1(a): MV ≡ PQ. If M were to rise by 6 percent, Q by 4 percent while V is unchanged, by what percentage would P increase?

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532 views • 37 slides



MV=PQ questions

MV=PQ questions

MV=PQ questions. What is M , V, P, Q and what does it show? What will happen to the Price level from the quantity theory of money if M increases and all other factors remain the same. What will happen to the Price level if velocity increases? What would cause velocity to increase?

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315 views • 8 slides


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