If During the Past Decade the Average Rate of Monetary

Multiple Choice

If during the past decade the average rate of monetary growth has been 5% and the average inflation rate has been 5%,everything else held constant,when the Federal Reserve announces that the new rate of monetary growth will be 10%,the adaptive expectation forecast of the inflation rate is

A) 5%.
B) between 5 and 10%.
C) 10%.
D) more than 10%.