Using the Equation of Exchange

Calculate M

MV = PQ

where Money (M)

Velocity (V)

Price (P)

Quantity (Q)

MV | |

V |

= |

PQ |

V |

M = | PQ |

V |

M = | 70 x 80 |

50 |

M = | 5600 |

50 |

M = **112**

M = **112**

Solves for any of the 4 variables in the Equation of Exchange: money, velocity, price, quantity

This calculator has 4 inputs.

This calculator has 4 inputs.

- 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

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