If the Money Supply Is $2,000,velocity Is 4,and Real GDP

Multiple Choice

If the money supply is $2,000,velocity is 4,and Real GDP is 1,000 units of output,then the price level is _____________.If the money supply doubled over a short time period,the simple quantity theory of money would predict that _____________________.

A) $8; the price level would double
B) $8; Real GDP would double
C) $8; the price level would be cut in half
D) $4; the price level would double