Quantity in example sentence
His list of “slips” is well worth recalling:“For whilst an increase in the quantity of money may be expected...to reduce the rate of interest, this will not happen if the liquidity-preferences of the public are increasing more than the quantity of money; and whilst a decline in the rate of interest may be expected...to increase the volume of investment, this will not happen if [profit expectations] are falling faster than the rate of interest; and whilst an increase in the volume of investment may be expected...to increase employment, this may not happen if the propensity to consume is falling off.”
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