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    Principles of Macroeconomics Study Set 8
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    Exam 17: Money Growth and Inflation: The Classical Theory of Inflation
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    Suppose That Velocity Rises While the Money Supply Stays the Same.It
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Suppose That Velocity Rises While the Money Supply Stays the Same.It

Question 57

Question 57

Multiple Choice

Suppose that velocity rises while the money supply stays the same.It follows that


A) P x Y must rise.
B) P x Y must fall.
C) P x Y must be unchanged.
D) the effects on P x Y are uncertain.

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