According to both the equation of exchange and the quantity theory of money
A) an increase in the money supply will decrease real Gross Domestic Product (GDP).
B) a decrease in the money supply will decrease the velocity of money.
C) a decrease in the money supply will decrease the price level.
D) an increase in the money supply will increase real Gross Domestic Product (GDP).
C
Economics
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In factor markets, firms __________ and households ____________
a. demand resources; supply resources b. supply resources; demand resources c. demand resources; demand goods d. supply resources; demand goods e. supply resources; supply goods
Economics
Price floor
What will be an ideal response?
Economics