Multi-channel strategy and Quantity theory of money: Difference between pages

Revision as of 14:20, 23 October 2012

Economics. A theory formalised by Irving Fisher, which links the level of prices with the amount of money in circulation.

It is defined as: P = MV/T, where P = price level, M = amount of money in circulation, V = velocity of circulation and T = volume of transactions.

Monetarists believe that it is the amount of money in circulation which has the biggest effect on price levels and inflation rates.

@@ Line 1: / Line 1: @@
-''Business strategy''
+''Economics''.
+A theory formalised by Irving Fisher, which links the level of prices with the amount of money in circulation.
-A sales strategy which provides multiple different ways for customers to buy goods and services.
+It is defined as: P = MV/T, where P = price level, M = amount of money in circulation, V = velocity of circulation and T = volume of transactions.
-Ways, or 'channels', might include the Internet, traditional retail stores, promotional events, 'pop up' retail locations, word of mouth and many others.
+Monetarists believe that it is the amount of money in circulation which has the biggest effect on price levels and inflation rates.
+== See also ==
+* [[Fisher's equation]]
-==See also==
-*[[Bricks and clicks]]
-*[[E-commerce]]
-*[[Internet]]