For ease of computation, this same sign method actually estimates the set of x values, [xL, xU], corresponding to the linear range. This set of x values will be called the linear domain.
monetary system noun [C]. âº the âsystem used by a âcountry to âprovide âmoney and to âcontrol the âexchange of âmoney. (Definition of monetary system from the Cambridge Advanced Learners Dictionary & Thesaurus Â© Cambridge University Press).
In monetary economics, the quantity theory of money (QTM) states that the general price level of goods and services is directly proportional to the amount of money in circulation, or money supply. The theory was challenged by Keynesian economics, but updated and reinvigorated by the monetarist school of economics.