value of money in terms of this equation can be found out by dividing the total quantity of goods which the public desires to holdout of the total income by the total supply of money. According to Marshall’s equation, the value of money is influenced not only by changes in M, but also by changes in K. - - Monetary Economics
📖 generic · 12th TN - English Medium · ECONOMICS · Page 88question
of Money · Part 3
Chapter 5: Chapter 5 · ECONOMICS
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