If the Economy's Real GDP Is Growing at 3 Percent

Multiple Choice

If the economy's real GDP is growing at 3 percent each year and velocity is constant, for the price level to increase:

A) ​the money supply would have to grow at more than 3 percent per year.
B) ​the money supply would have to grow at exactly 3 percent per year.
C) ​the money supply would have to grow at less than 3 percent per year.
D) ​the money supply would have to remain stable.