*As applied to the price level, the "rule of 70"* indicates that the number of years required for the price level to double can be found by
A. *dividing 70* into the annual rate of inflation.
B. *dividing the annual* rate of inflation into 70.
C. *subtracting* the annual change in nominal incomes from 70.
D. *multiplying* the annual rate of inflation by 70.
