Question 16

If the money supply increases and nominal GDP remains the same, then

a.price level increased.

b.price level decreased.

c.velocity increased.

d. velocity decreased.

e. RGDP increased.

Question 28(Multiple Choice Worth 1 points)

The best way to increase investment while holding real output level would be to

a. increase government spending and increase the money supply.

b. decrease government spending and increase the money supply.

c. increase government spending and decrease the money supply.

d. decrease government spending and decrease the money supply.

e. increase government spending and decrease taxes.