Imagine Two Economies That Are Identical Except That for a Long

Multiple Choice

Imagine two economies that are identical except that for a long time, economy A has had a money supply of $1,000 billion while economy B has had a money supply of $500 billion. It follows that

A) real GDP and the price level are lower in country B.
B) real GDP, but not the price level, is lower in country B.
C) the price level, but not real GDP is lower in country B.
D) neither the price level or real GDP is lower in country B.