英语翻译30.1.6VelocityandtheQuantityEquationExplaintheEquilibriumPriceLevelandInflationRate?(WhatistheessenceoftheQuantityTheoryofMoney?)Thevelocityofmoneyisrelativelystableovertime.Becausevelocityisstable,whenthe

Question

英语翻译
30.1.6 Velocity and the Quantity Equation
Explain the Equilibrium Price Level and Inflation Rate?(What is the essence of the Quantity Theory of Money?)
The velocity of money is relatively stable over time.
Because velocity is stable,when the central bank changes the quantity of money (M),it causes proportional changes in the nominal value of output (P  Y).
The economy’s output of goods and services(Y) is primarily determined by factor supplies (labor,physical capital,human capital,and natural resources) and the available production technology.In particular,because money is neutral,money does not affect output.
With output(Y) determined by factor supplies and technology,when the central bank alters the money supply (M) and induces proportional changes in the nominal value of output (P  Y),these changes are reflected in changes in the price level (P).
Therefore,when the central bank increases the money supply rapidly,the result is a high rate of inflation.

Answer 1

30.1.6速度和数量方程
解释均衡价格水平和通货膨胀率?（什么是本质的数量理论的钱呢?）
速度的钱是相对稳定的时间.
因为速度是稳定的,当中央银行的变化数量的金钱（米） ,它的成因比例的变化,名义产值性（ P  y ）的.
经济产出的货物和服务（ y ）的主要是确定的因素用品（劳动,物质资本,人力资本,资源和自然资源）和现有的生产技术.特别是,因为金钱是中性的,金钱并不影响输出.
与输出（ y ）的决定因素,用品和技术,当中央银行改变货币供应量（ M ）和诱导比例的变化,名义产值性（ P  y ）的,这些变化都反映在变化,在价格总水平（规划） .
因此,当中央银行增加货币供应量迅速,其结果是高通胀率.