Multiple Choice
According to the quantity equation,the price level would change less than proportionately with a rise in the money supply if there were also
A) either a rise in output or a rise in velocity.
B) either a rise in output or a fall in velocity.
C) either a fall in output or a rise in velocity.
D) either a fall in output or a fall in velocity.
Correct Answer:

Verified
Correct Answer:
Verified
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