If the money supply doubles, then

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If the money supply doubles, there is more money available for people to spend. This increased demand for goods and services will push up prices, resulting in a doubling of the price level (inflation). GDP will not necessarily double as it depends on other factors such as changes in productivity and investment. The interest rate may also not necessarily double as it depends on various factors such as the central bank's policy response to a rise in inflation.

If the Money Supply Doubles, Then