If the transactions velocity of money remains constant while the quantity of money doubles, the: price of the average transaction multiplied by the number of transactions must double. price of the average transaction multiplied by the number of transactions must remain constant. price of the average transaction must double. number of transactions must remain constant.

price of the average transaction multiplied by the number of transactions must double

Explanation:

This follows the principle of the Quantity theory of money. Thus according to this theory when the rate of change of the transactions of money in an economy has remain constant or unchanged, while the supply of increases twice as before it will result in a situation where;

the price of the average transaction multiplied by the number of transactions must double because of increase supply of money.

This simply implies that the more money in circulation, the more the price of goods and services in an economy.

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explanation:

i just had to add it

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%