-In the above figure,suppose the economy is at point A initially.For real GDP to increase to and consistently remain above $13 trillion, I. the price level must increase to above 90.
II) there must be continued increases in the quantity of money.
A) only I
B) only II
C) Both I and II are correct.
D) Neither I nor II is correct.

Question

-In the above figure,suppose the economy is at point A initially.For real GDP to increase to and consistently remain above $13 trillion, I. the price level must increase to above 90.
II) there must be continued increases in the quantity of money.
A) only I 
B) only II 
C) Both I and II are correct. 
D) Neither I nor II is correct.

Quizplus · Accepted Answer

The Answer of 
-In the above figure,suppose the economy is at point A initially.For real GDP to increase to and consistently remain above $13 trillion, I. the price level must increase to above 90.
II) there must be continued increases in the quantity of money.
A) only I 
B) only II 
C) Both I and II are correct. 
D) Neither I nor II is correct.

-In the Above Figure,suppose the Economy Is at Point a Initially.For