Question 22 1.9 pts 22. (Let M(s): 'money supply' and price level: 'P:)According to the Classical Quantity Theory of Money (with fixed velocity, v , and fixed output level, Q , in the short run), O an x% increase in the money supply, M(s), will cause a greater-than-x% increase in the aggregate price level, P. O none of the other options. O an x% increase in the money supply, M(s), will not change P. O an x% increase in M(s) will cause an x% increase in P. O an x% increase in M(s) will cause a smaller-than-x% increase in P. Question 23 1.9 pts