In Drewland, the money supply equals $1,000 and velocity of money is 3. The government budget is $300, consumers spend $1500, and investors spend $500. When producers supply a quantity of 30, then price equals

(a) 3.33

(b) 100

(c) 766.66

(d) 2,300

(e) cannot be determined with the information provided.

Is producer supplying quantity 30 the same as Y (GDP)? If that;'s the case, then P = MV/Y = 1,000*3/30 = 100, i.e answer is (b). Else if quantity 30 is something else, then answer could be (e). Can you please explain?