The Quantity Theory of Money Predicts That,in the Long Run,inflation

question 111

Multiple Choice

The quantity theory of money predicts that,in the long run,inflation results from the

• A)velocity of money growing at a faster rate than real GDP.
• B)velocity of money growing at a lower rate than real GDP.
• C)money supply growing at a lower rate than real GDP.
• D)money supply growing at a faster rate than real GDP.