According to Quantity Equation the Price Level Would Change Less

question 173

Multiple Choice

According to quantity equation the price level would change less the proportionately with a rise in the money supply if there were also

• A)either a rise in output or a rise in velocity.
• B)either a rise in output or a fall in velocity.
• C)either a fall in output or a rise in velocity.
• D)either a fall in output or a fall in velocity.