Enter 3 out of 4 below:
Using the Equation of Exchange
Calculate M
Define the Equation of Exchange:
MV = PQwhere Money (M)
Velocity (V)
Price (P)
Quantity (Q)
Divide each side by V
Cancelling V on the left side, we get
| M = | PQ |
| V |
Pplug in V = 50, P = 70, Q = 80
| M = | 70 x 80 |
| 50 |
| M = | 5600 |
| 50 |
M = 112
You have 1 free calculations remaining
What is the Answer?
How does the Equation of Exchange Calculator work?
Free Equation of Exchange Calculator - Solves for any of the 4 variables in the Equation of Exchange: money, velocity, price, quantity
This calculator has 4 inputs.
What 1 formula is used for the Equation of Exchange Calculator?
What 5 concepts are covered in the Equation of Exchange Calculator?
equation of exchangeequation relating money, price, velocity, and quantityMV = PQmoneyAny item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxespricethe amount of money expected, required, or given in payment for somethingquantityamount of somethingvelocityspeed of an object in a given direction
Example calculations for the Equation of Exchange Calculator
Equation of Exchange Calculator Video
Tags:
Add This Calculator To Your Website
ncG1vNJzZmivp6x7rq3ToZqepJWXv6rA2GeaqKVfqLKivsKhZamgoHS%2BfqKEbHtuaFVnkJFxkn1uaV1ieJ5mf6NxZw%3D%3D