Suppose tat the Fed decid

Suppose tat the Fed decid

Suppose tat the Fed decides to decrease the money supply by a 9 percent annual rate. If the velocity of money is constant, then the quantity theory of money predicts that.A) quantity of output will fall by 9 percentB) price level will fall by 9 percentC) real GDP will fall by 9 percentD) nominal GDP will fall, but by less than 9 percentE) nominal GDP will fall by 9 percentPLEASE HELP WILL RATE ASAP

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