A-LevelEconomicsThe macroeconomy9708/33 · May/June 2018 · Q261 Mark
An increase in the money supply leaves the price level unchanged. What could explain this?
- Aa fall in the level of employment
- Ba fall in the level of real output
- Ca fall in the velocity of circulation
- Da fall in the volume of transactions
Mark scheme
Marking points from the official mark scheme (May/June 2018). The mark or mark type is shown in brackets.
- [1] C
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