If V and M are constant, and Y doubles, the quantity equation implies that the price level
A. falls to half its original level.
B. does not change.
C. doubles.
D. more than doubles.
Answer:A
If V and M are constant, and Y doubles, the quantity equation implies that the price level
A. falls to half its original level.
 B. does not change.
 C. doubles.
 D. more than doubles.
