Kizspy | Question: 7
(Choose 1 answer)
почуствам, нал
According to the assumptions of the quantity theory of money, if the money supply increases by 5 percent, then
A. nominal and real GDP would rise by 5 percent
B. nominal GDP would rise by 5 percent; real GDP would be unchanged
C. nominal GDP would be unchanged; real GDP would fall by 5 percent
D. neither nominal GDP nor real GDP would change
