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What Does P Mv Mean. But the textbook description of mv=py is sometimes a bit confusing, as it seems to say two conflicting things: Merchant vessels (mv) a merchant vessel (mv) is a ship that operates under commercial means.
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The higher the reading, the more oxidizing it is. That's a display of the hit you're taking. That equation was mv=pt, where m was representative of the amount of.
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And if v isn’t constant then it can basically be fudged to mean whatever you want. That equation was mv=pt, where m was representative of the amount of. Governmental » state & local. Mv = py m = money supply, v = velocity of money, p = price level, y = real gdp assumptions:
