Assume Monetary Equilibrium Exists-That Is,the Desired and the Actual Supply

Multiple Choice

Assume monetary equilibrium exists-that is,the desired and the actual supply of money are equal-when nominal GDP equals $480 billion and the money supply is $160 billion.According to a strict monetarist view,an increase in the money supply of $10 billion will increase the nominal GDP by:

A) $30 billion.
B) $25 billion.
C) $20 billion.
D) $10 billion.