If when the quantity of money by doubled to Pz, & firther, when the ( B ) morey y encridg Valey of Money 1/ PZ to four- fold to No, the pony LIP = fCMS incrions by O M M 2 1 4 Bcu times Do Quantity of Money Po. * They relationship of expressed by the curve P= FCM ) from the origin of 45 In Panel (B), the inverse relation between the quartily of money and the Value of money is depicted When the quantity of money y Me, the vally of money is 1/p But with the doubling of the quantity of morey to 12. * the value of morey becomes one- half of what it was before. 1/ Pz. OO REDMI NOTE 5 PRO MI DUAL CAMERAIf when the quantity of money by doubled to Pz, & firther, when the ( B ) morey y encridg Valey of Money 1/ PZ to four- fold to No, the pony LIP = fCMS incrions by O M M 2 1 4 Bcu times Do Quantity of Money Po. * They relationship of expressed by the curve P= FCM ) from the origin of 45 In Panel (B), the inverse relation between the quartily of money and the Value of money is depicted When the quantity of money y Me, the vally of money is 1/p But with the doubling of the quantity of morey to 12. * the value of morey becomes one- half of what it was before. 1/ Pz. OO REDMI NOTE 5 PRO MI DUAL CAMERA* T= the btal amount of goods and servicy exchanged Br money or fransadsong performed by money. $ They equation equals the demand for money (PT) to supply of money (MV= mivly * The btal volume of transactions multiplied by the price level (PT) represent the demand for money. * The truth of the proposition is evident from the fact that I M and M' are doubled, while V. VI and T remain constant, P is allo doubled. * but, the value of money (-To) is reduced to half P = f CM) * Panel A shows the effect of changes in the CA ) quantity of Money on the Price level price level * To begin with, when the quantity REDMI NOTE 5 PRO of money if M OO MI DUAL CAMERA MA doubled to ME. Quantity of Money the price level y* T= the btal amount of goods and servicy exchanged Br money or fransadsong performed by money. $ They equation equals the demand for money (PT) to supply of money (MV= mivly * The btal volume of transactions multiplied by the price level (PT) represent the demand for money. * The truth of the proposition is evident from the fact that I M and M' are doubled, while V. VI and T remain constant, P is allo doubled. * but, the value of money (-To) is reduced to half P = f CM) * Panel A shows the effect of changes in the CA ) quantity of Money on the Price level price level * To begin with, when the quantity REDMI NOTE 5 PRO of money if M OO MI DUAL CAMERA MA doubled to ME. Quantity of Money the price level yFisher has explained thes theily in ferry of hy equation of exchanges PT = MV + M'V . Negley store of value function, Where P= Price level or 1 = the value of money y = total quantity of legal tender money, twomo velocity of circulation of my V go = the total quartily of credit REDMI NOTE 5 PRO Menem money gnome MI DUAL CAMERA V - the velocity of arculation of Credit money.Fisher has explained thes theily in ferry of hy equation of exchanges PT = MV + M'V . Negley store of value function, Where P= Price level or 1 = the value of money y = total quantity of legal tender money, twomo velocity of circulation of my V go = the total quartily of credit REDMI NOTE 5 PRO Menem money gnome MI DUAL CAMERA V - the velocity of arculation of Credit money