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

Historical Cost Accounting Convention

An accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition.

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