if the money supply increased by 10% and at the same time velocity decreased by 10%, then according to the quantity equation there would be no change in the price level if nominal output stays the same?A- Fales.B- True.C-Unknown

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05-12-2022
Business

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if the money supply increased by 10% and at the same time velocity decreased by 10%, then according to the quantity equation there would be no change in the price level if nominal output stays the same?A- Fales.B- True.C-Unknown

Sagot :

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if the money supply increased by 10% and at the same time velocity decreased by 10%, then according to the quantity equation there would be no change in the price level if nominal output stays the same?A- Fales.B- True.C-Unknown

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