The Implications of the Quantity Theory of Money Are the Main

Multiple Choice

The implications of the quantity theory of money are the main basis for which of the following quotes?

A) "Inflation is always zero in the long run."
B) "Inflation is always and everywhere a fiscal phenomenon."
C) "Inflation is always and everywhere a monetary phenomenon."
D) "Velocity growth should be equal to 2 percent in the long run."
E) "Velocity is always constant."