One measure for this commodity is equal to the price level times the quantity of output, all divided by the supply, according to the "quantity theory" of it.
One measure for this commodity is equal to the price level times the quantity of output, all divided by the supply, according to the "quantity theory" of it. Georg Simmel wrote that this commodity is impersonal, unlike barterable items, in his book on the "philosophy" of it. The fiat form of this commodity has value dictated by government order. The supply of this commodity is divided into levels called M1, M2, and M3, ranked in order of liquidity. For 10 points, name this commodity that can be exchanged for goods and services.
One measure for this commodity is equal to the price level times the quantity of output, all divided by the supply, according to the "quantity theory" of it.
money [accept velocity of money]