The Quantity Theory of Money Predicts That, in the Long

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.
E) price level growing at a faster rate than money supply.