In the Above Figure, Suppose the Economy Is at Point

Multiple Choice

In the above figure, suppose the economy is at point A initially. For real GDP to increase to and
Consistently remain above $12 trillion,
I. the price level must increase to above 90.
II. there must be continued increases in the quantity of money.

A) only I
B) only II
C) Neither I nor II is correct.
D) Both I and II are correct.