According to the Quantity Equation, If Y Doubles, V Is

question 73

Multiple Choice

According to the quantity equation, if Y doubles, V is constant, and M doubles, what factor does the price level multiply by?

• A) 1/4
• B) 1/2
• C) 1
• D) 2

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Definitions:

Sympathetic Nervous System

Part of the autonomic nervous system that activates what is often termed the fight or flight response.

Behavioral Reactions

Observable responses to stimuli, reflecting the actions or behaviors of an organism in response to environmental or internal stimuli.

Emotion

A complex state of feeling that results in physical and psychological changes influencing thought and behavior.

Conflict Situation

A situation where two or more parties have opposing interests, goals, or values, leading to a disagreement or dispute.