According to the Quantity Equation, If Y and M Are

question 118

Multiple Choice

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

• A) 1/4
• B) 1/2
• C) 1
• D) 2

---

Definitions:

Industrial Processing

The series of operations and procedures involved in transforming raw materials into finished goods or products within an industrial setting.

Sustainability

The practice of maintaining processes or states in a manner that avoids depleting natural resources, allowing ecological balance to be maintained for future generations.

Thinking Like

The approach or mindset adopted in order to resemble or replicate the thought processes of a particular group, situation, or individual.

Molecule

A molecule refers to the smallest unit of a chemical compound that can exist independently while retaining the composition and chemical properties of the compound.