单项选择题

If the velocity of money is increasing at a rate of 1 percent per year and real GDP is increasing at 2%, a 4% increase in the money supply will lead to:（）

A. 6% inflation.
B. 5% inflation.
C. 3% inflation.

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单项选择题In the Phillips curve model of the relationship between inflation and the unemployment rate, a shift to a new short-run Phillips curve represents a change in the:（）

A. expected inflation rate.
B. actual inflation rate.
C. unemployment rate.

单项选择题According to the quantity theory of money, if the gross domestic product is $6 trillion and M1 money supply is $ 800 billion, the velocity of the M1 money supply is:（）

A. 0.133.
B. 1.153.
C. 7.500.