According to the Quantity Equation, If Y and V Are

question 160

Multiple Choice

According to the quantity equation, if Y and V are constant, and M doubles, which of the following will happen to the price level?

• A)It will more than double.
• B)It will less than double.
• C)It will double.
• D)It might double, less than double, or more than double; more information is needed.

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