The theory that the only important determinant of the demand for money is the flow of spending is called the

Name: The theory that the only important determinant of the demand for money is the flow of spending is called the
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The quantity theory of money posits that the demand for money is primarily determined by the level of spending or transactions in the economy. This theory connects the money supply with the level of prices and the volume of transactions in the economy.

The Theory That the Only Important Determinant of the Demand