Although many methods have been proposed to verify assay linearity, or to test for nonlinearity, there are few, if any, statistically sound methods to establish an assayâs linear range.
of or relating to the coinage or currency of a country. 2. of or relating to money; pecuniary: The necklace has sentimental as opposed to monetary value. Origin of monetary. Late Latin.
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.