How the price level is determined and why it might change over time is called the quantity theory of money.
价格水平如何决定、它为何会随时间改变,对此的(一种)解释是货币数量论。
The money quantity theory claimed that money is exogenous from the relation of money quantity and aggregate price fluctuation;
货币数量论从货币数量与物价变动的关系得出货币具有外生性;
The money quantity theory claimed that money is exogenous from the relation of money quantity and aggregate price fluctuation;
货币数量论从货币数量与物价变动的关系得出货币具有外生性;
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