According to the classical model,which of the following would double if the quantity of money doubled?
A)prices but not nominal income
B)nominal income but not prices
C)both prices and nominal income
D)neither prices nor nominal income

Name: According to the classical model,which of the following would double if the quantity of money doubled? A)prices but not nominal income B)nominal income but not prices C)both prices and nominal income D)neither prices nor nominal income
Brand: Quizplus
Rating: 4.7 (32 reviews)

Question

Quizplus · Accepted Answer

The Answer is C

According to the Classical Model,which of the Following Would Double