The implication of monetary policy in the quantity theory of money in classical economics is that any change in the money supply will translate directly into a change in prices.

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In classical economics, the quantity theory of money states that changes in the money supply will have a direct impact on the level of prices in the economy. This implies that monetary policy, which involves controlling the money supply and interest rates, can be used to manage inflation or deflation. Therefore, any change in the money supply will have an effect on prices.

The Implication of Monetary Policy in the Quantity Theory of Money