Which of the Following Would Occur If the Money Supply

Multiple Choice

Which of the following would occur if the money supply (M) and the price level (P) were increasing at approximately the same rate?

A) Real GDP would be stable provided that velocity was stable.
B) Nominal GDP would be stable provided that velocity was stable.
C) The economy would be suffering from hyperinflation.
D) Real GDP would be increasing if velocity were falling.