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Equation of Exchange Calculator
Enter 3 out of 4 below:
M =
V =
P =
Q =
Using the Equation of Exchange
Calculate M
Define the Equation of Exchange:
MV = PQ
where Money (M)
Velocity (V)
Price (P)
Quantity (Q)
Divide each side by V
MV
V
=
PQ
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
What is the Answer?
M =
112
How does the Equation of Exchange Calculator work?
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?
MV = PQ
For more math formulas, check out our
Formula Dossier
What 5 concepts are covered in the Equation of Exchange Calculator?
equation of exchange
equation relating money, price, velocity, and quantity
MV = PQ
money
Any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes
price
the amount of money expected, required, or given in payment for something
quantity
amount of something
velocity
speed of an object in a given direction
Example calculations for the Equation of Exchange Calculator
M=20,V=10,Q=30
V=50,P=70,Q=80
Equation of Exchange Calculator Video
Tags:
equation of exchange
money
price
quantity
velocity
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