Three Monetary Forces and an Interpretation

José Villacís González

Abstract


There are three monetary phenomena that multiply money and nominal income via the intervention of parametersthat are the multipliers: the income multiplier, the money multiplier, and another, which is similar, named thevelocity of money. This study aims to integrate them in a single formula and meaning as they constitute the samemonetary process. Money in each formula will be substituted. This is an exercise of monetary integration.

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DOI: https://doi.org/10.5430/mos.v3n4p53

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Management and Organizational Studies  ISSN 2330-5495 (Print)  ISSN 2330-5509 (Online)

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