Using the Quantity Equation,if the Velocity of Money Grows at 5

question 249

Multiple Choice

Using the quantity equation,if the velocity of money grows at 5 percent,the money supply grows at 10 percent,and real GDP grows at 4 percent,then the inflation rate will be

• A)19 percent.
• B)15 percent.
• C)11 percent.
• D)6 percent.