Consider the Equation $\Delta$ M $\Delta$ V $\approx$ $\Delta$ P $\Delta$

Multiple Choice

Consider the equation % $\Delta$ M +% $\Delta$ V $\approx$ % $\Delta$ P +% $\Delta$ Y.If there is no change in real GDP (% $\Delta$ Y = 0) and there is no change in the money supply (% $\Delta$ M= 0) ,what would have to happen for there to be inflation (% $\Delta$ P $\gt$ 0) ?

A) Money would have to change hands less often,% $\Delta$ V $\lt$ 0.
B) Money supply times money velocity would have to go down,% $\Delta$ M + % $\Delta$ V $\lt$ 0.
C) Nominal GPD would have to go down,% $\Delta$ P + % $\Delta$ Y $\lt$ 0.
D) Money would have to change hands more often,% $\Delta$ V $\gt$ 0.
E) The money velocity would have to remain the same,% $\Delta$ V = 0.