Imagine two economies that are identical except that for a long time, economy A has had a money supply of $1,000 billion while economy B has had a money supply of $500 billion. It follows that
A. the price level, but not real GDP is lower in country B. B. real GDP, but not the price level, is lower in country B. C. real GDP and the price level are lower in country B. D. neither the price level or real GDP is lower in country B.
