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The Point of Catharsis Is To

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The point of catharsis is to:


Definitions:

Quantity Theory

An economic theory proposing a direct relationship between the amount of money in an economy and the level of prices of goods and services.

Money Supply

The comprehensive sum of available financial assets within an economy at a designated moment.

Price Level

A measure of the average prices of goods and services in the economy at a given time.

Value of Money

The purchasing power of money, which is the quantity of goods and services that can be purchased with a unit of currency.

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