Questions $4.$ Quantity Theory $($Adapted from Jones Chap. $8$ Q$5)$ Suppose velocity is constant, the growth rate of RGDP is $3\%$ per year, and the growth rate of money is $5\%$ per year. Calculate the long$-$run rate of inflation according to the quantity theory in each of the following case: a$)$ What is the inflation rate $($We$\text{'}$ll call this the baseline year$)?$ b$)$ What is the inflation rate if the growth rate of money increases to $10\%$ per year? c$)$ What is the inflation rate if the growth rate of money increases to $100\%$ per year? d$)$ What is the inflation rate if the growth rate of RGDP increases to $5\%$ per year? e$)$ What is the inflation rate if the growth rate of RGDP decreases to $2\%$ per year? f$)$ What is the inflation rate if the velocity of money rises at $1\%$ per year? Wh