If a country's rules-based monetary policy sets the annual money supply growth rate equal to the average annual growth rate of Real GDP,and velocity is a constant,then the price level
A) is also constant.
B) rises in years when Real GDP rises.
C) rises in years when Real GDP growth is less than average.
D) rises in years when Real GDP growth is greater than average.

Question

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The Answer of If a country's rules-based monetary policy sets the annual money supply growth rate equal to the average annual growth rate of Real GDP,and velocity is a constant,then the price level
A) is also constant.
B) rises in years when Real GDP rises.
C) rises in years when Real GDP growth is less than average.
D) rises in years when Real GDP growth is greater than average.

If a Country's Rules-Based Monetary Policy Sets the Annual Money