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If velocity is 6, real output is 10,000, and M is 20,000 what would the price level be? If M increases to 25,000 but V

If velocity is 6, real output is 10,000, and M is 20,000 what would the price level be? If M increases

to 25,000 but V and Y do not change, what happens to the price level? Are the change in the money

supply and the change in the price level proportional?

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