From the equation of exchange,if both nominal income and the quantity of money (M)have doubled,while the price level (P)has decreased by 50 percent and velocity (V)remains constant,then real output (Y)________.
A)also doubles
B)triples
C)quadruples
D)decreases by 50 percent
E)none of the above

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The Answer of From the equation of exchange,if both nominal income and the quantity of money (M)have doubled,while the price level (P)has decreased by 50 percent and velocity (V)remains constant,then real output (Y)________.
A)also doubles
B)triples
C)quadruples
D)decreases by 50 percent
E)none of the above

From the Equation of Exchange,if Both Nominal Income and the Quantity