Which of the Following Is Not Implied by the Quantity

Multiple Choice

Which of the following is not implied by the quantity equation?

A) If velocity is stable and money is neutral,an increase in the money supply creates a proportional increase in nominal output.
B) If velocity is stable and money is neutral,an increase in the money supply creates a proportional increase in the price level.
C) With constant money supply and output,an increase in velocity creates an increase in the price level.
D) With constant money supply and velocity,an increase in output creates a proportional increase in the price level.