Near Money (or quasi-money) corresponds to a certain type of financial assets without risk and that due to the great quickness and easiness with which are convertible into money come close to effectively be the money. Some examples of the near money are the Treasury bonds and savings deposits. When the money offer is analyzed, […]

Quantity Theory of Money Concept: Quantity Theory of Money (also designated by Quantitative Theory of Prices) is a theory for determination of…