According to the Simple Quantity Theory of Money, a Change

question 76

Multiple Choice

According to the simple quantity theory of money, a change in the money supply of 9.6 percent would lead to a

• A)9.6 percent change in velocity.
• B)9.6 percent change in real GDP.
• C)9.6 percent change in nominal GDP.
• D)9.6 percent change in aggregate supply.

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