If the money supply increases and nominal GDP remains the same, then A. price level increases.
<h3>What is Money Supply?</h3>
This refers to the total amount of money that is in circulation in a country that usually increases spending.
Hence, an open market sale by the federal reserve will increase the interest rates because it would increase investment spending because an OMO sale decreases interest rates which make getting loans easier.
M= Money supply
V= Velocity
P- Price level
Y= nominal GDP
Hence, with the increase in the money supply, then there would be an increase in the price supply.
Read more about money supply here:
brainly.com/question/3625390
#SPJ1
The answer is definitely landslide I just took a test and got that answer correct
The science of classifying living things is called taxonomy. Linnaeus introduced the classification system that forms the basis of modern classification. Taxa in the Linnaean system include the kingdom, phylum, class, order, family, genus, and species. Linnaeus also developed binomial nomenclature for naming species.
