Monetarist

Definition:

An economist who believes that changes in the money supply are the most important determinants of economic activity and economic cycles. See: Monetarism

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Expected future return

The return that is expected to be earned on an asset in the future. Also called the expected return.

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