Economics · Monetary Economics

Friedman's modern Quantity Theory of Money concludes that changes in aggregate spending are primarily determined by changes in:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1the money supply✓
2interest rate
3the velocity of money
4government spending and taxes

Correct answer

the money supply

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Friedman's modern Quantity Theory of Money concludes that changes in aggregate spending are primarily determined by changes in:

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Friedman's modern Quantity Theory of Money concludes that changes in aggregate spending are primarily determined by changes in:

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