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

---

Definitions:

Obesity

A medical condition characterized by excessive body fat accumulation, which poses a risk to health.

Hypothesis

A proposed explanation made on the basis of limited evidence as a starting point for further investigation.

Prediction

The act of forecasting or determining the likelihood of future events or outcomes based on current or past data.

Theory

A system of ideas intended to explain something, based on general principles independent of the thing being explained.