Multiple Choice
According to the equation of exchange,what would result from a change in the money supply of 6.5 percent,holding velocity constant?
A) a 6.5 percent change in nominal GDP
B) a 6.5 percent change in aggregate supply
C) a 6.5 percent change in real GDP
D) a 6.5 percent change in velocity
Correct Answer:
Verified
Correct Answer:
Verified
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