Page 120 - DECO402_MACROECONOMIC_THEORY_HINDI

lef"V&vFkZ'kkL=k osQ fl¼kar

uksV gh mldk ewY; gSA jkcVZlu osQ vuqlkj] ¶eqnzk osQ ewY; ls vfHkizk; oLrqvksa dh ml ek=kk ls gS tks lkekU;
:i ls eqnzk dh ,d bdkbZ osQ cnys esa izkIr gksrh gSaA¸ (By the value of money we mean the amount
of things in general which will be given in exchange for a unit of money.–Robertson)

Lo&ewY;kadu (Self Assessment)

fjDr LFkkuksa dh iw£r djsa (Fill in the blanks) :
---------------
1- eqnzk dh ozQ; 'kfDr dks gh eqnzk dk dgk tkrk gSA
---------------
2- eqnzk osQ ewY; rFkk oLrqvksa vkSj lsokvksa osQ lkekU; dher Lrj esa lacaèk gksrk gSA
---------------
3- tc lkekU; dher Lrj ?kVrk gS rc eqnzk dk ewY; gSA

12-2 eqnzk dk ewY; rFkk dher Lrj (Value of Money and Price Level)

fofHkUu oLrqvksa rFkk lsokvksa dk ewY; eqnzk osQ :i eas O;Dr fd;k tkrk gS] ¯drq eqnzk dk viuk ewY; eqnzk osQ
:i esa O;Dr ugha fd;k tk ldrkA ;fn eqnzk dk ewY; oLrqvksa rFkk lsokvksa osQ :i esa O;Dr fd;k tk,xk rks
eqnzk osQ yk[kksa ewY; gks tk,¡xs D;ksafd lalkj esa yk[kksa gh oLrq,¡ rFkk lsok,¡ ikbZ tkrh gSaA bl dfBukbZ dks nwj
djus osQ fy, ge eqnzk dk lkewfgd ewY; fudky ysrs gSaA blosQ fy, ge oqQN ,slh izfrfufèk oLrqvksa rFkk lsokvksa
dks pqurs gSa ftudk ge izfrfnu osQ thou esa mi;ksx djrs gSaA ftudk vkSlr ewY; fudky fy;k tkrk gS] mls
lkekU; dher Lrj (General Price Level) dgk tkrk gSA eqnzk osQ ewY; rFkk oLrqvksa vkSj lsokvksa osQ
lkekU; dher Lrj esa foijhr (Inverse) lacaèk gksrk gSA tc lkekU; dher Lrj ?kVrk gS rc eqnzk dk
ewY; c<+rk gSA

1
eqnzk dk ewY; (Value of Money) = ¾¾¾¾¾¾
dher Lrj (P)

(;gk¡ P: dher Lrj)

bj¯ox fiQ'kj osQ 'kCnksa esa] ¶eqnzk dh Ø; 'kfDr dher Lrjksa osQ Bhd foijhr gksrh gS] vr% bldk
vè;;u dher Lrj osQ vè;;u osQ leku gh gksrk gSA¸ (The purchasing power of money is the
reciprocal of the level of prices, so that the study of purchasing power of money is identical with the
study of price level.–Irving Fisher)

uksV~l fofHkUu oLrqvksa rFkk lsokvksa dk ewY; eqnzk osQ :i esa O;Dr fd;k tkrk gS] ¯drq eqnzk dk viuk ewY;
eqnzk osQ :i esa O;Dr ugha fd;k tk ldrkA

12-3 eqnzk osQ ewY; osQ fl¼kar (Theories of Value of Money)

eqnzk osQ ewY; lacaèkh fl¼karksa esa bl ckr dk vè;;u fd;k tkrk gS fd oSQls eqnzk dk ewY; dher Lrj osQ foijhr
fuèkkZfjr gksrk gSA bl lanHkZ esa nks egÙoiw.kZ fl¼kar bl izdkj gSaµ(i) eqnzk ifjek.k fl¼kar (Quantity Theory
of Money) rFkk (ii) eqnzk dk osQfUt;u fl¼kar (Keynesian Theory of Money)A bl vè;k; esa nksuksa fl¼karksa
dk foLrkjiwoZd vè;;u fd;k tk,xkA

114 LOVELY PROFESSIONAL UNIVERSITY