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The quantity theory of money-fisher's version states that the money supply has a proportional and direct relationship with the price level.

Q: What is quantity theory of money-fisher's version?

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The quantity theory of money-fisher's version states that the money supply has a proportional and direct relationship with the price level.

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explain the theory of money by Irving Fisher

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Edwin Dean has written:

'The controversy over the quantity theory of money' -- subject(s): Quantity theory of money

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Milton Friedman propounded the Wealth Theory of Demand for Money. It is also known as Restatement of Quantity Theory of money.

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quantity theory: Theory that too much money in the economy causes inflation.

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