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If the supply of a good increases while the demand for that good decreases, the equilibrium quantity will
Velocity of Money
The rate at which money circulates or is exchanged in an economy, used to indicate the economic activity level.
Price Level
The average of current prices across the entire spectrum of goods and services produced in the economy, serving as an indicator of inflation.
Equation of Exchange
An economic formula representing the relationship between the money supply, the velocity of money, the price level, and the number of transactions in an economy.
Money Supply
The entire stock of money assets in an economy at a specified period.
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