Sergio,
Minor White, Zakia, Ansel Adams and other Zone System proponents advocated tailoring smaller-format negatives for a higher-contrast paper (grade 3 in those days) in order to reduce overall C.I. and, thereby, graininess a bit. Large-format negatives could stand a greater C.I. without the grain becoming a problem.
As far as which density equals Zone V on the paper: Theoretically, any negative density can be printed at a middle gray on the paper equal to Zone V. It's just a matter of exposure. One could even flash paper without a negative to a Zone V density.
When using N+ or contrast-expanding development schemes, the overall C.I. increases proportionally from the low densities to the higher ones. So, even middle density values will be affected. If, for example, N+2 moves a metered Zone VI up to a Zone VIII negative density, then Zone V will move almost two Zones as well. Zone III will move about one Zone higher, etc., etc.
The density range between low and high values on the negative together with paper contrast is what determines the overall density (contrast) range of the print. Even negatives overexposed by two or three stops, but developed so the density range between Zone III and Zone VIII is "Normal," will yield a normal-contrast print on the target contrast (grade 2 usually) paper.
Does all that make sense?
Doremus