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If the money supply increases and nominal GDP remains the same, then 1. price level increased 2. price level decreased 3. velocity increased 4. velocity decreased 5. rgdp increa…

If the money supply increases and nominal GDP remains the same, then 1. price level increased 2. price level decreased 3. velocity increased 4. velocity decreased 5. rgdp increa…
asked 210k views
9 votes
If the money supply increases and nominal GDP remains the same, then

1. price level increased
2. price level decreased
3. velocity increased
4. velocity decreased
5. rgdp increased

asked
User Paweloque
by
8.0k points

1 Answer

4 votes
I would think the rgdp increased instead
answered
User AntonyW
by
8.4k points
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