Public company and Quantity theory of money: Difference between pages

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


Public limited company.
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.  
 
 
2.
 
The term 'public company' is also used informally to refer to a company whose shares are already listed on an exchange and held by members of the public. 
 
More strictly however, such a company is a 'listed company' and the use of the term 'public company' in this sense should be eschewed.


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


== See also ==
== See also ==
* [[Limited company]]
* [[Fisher's equation]]
* [[Listed company]]
* [[Private company]]
* [[Private sector]]
* [[Public bond]]
* [[Public limited company]]
* [[Public sector]]
* [[Public to private deal]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]

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.

See also