07 Question (4 points) The figure below shows the growth in the money supply and average inflation rates for 160 countries from 1991-2011. For most countries, there is a one-to-one ratio between money growth and inflation. For example, both the growth in the money supply and the average inflation rate was close to 100% in Belarus. Average 400% - rate of inflation Angola (percent) 350 One-to-one ratio . Brazil 300 250 200 Ukraine 150 149 nations Armenia Azerbaijan 100 Belarus 50 . Guinea . Nicaragua 50 100 150 200 250 300 350 400 Money supply growth rate Refer to the figure to answer the following questions.Consider the countries that lie on the line, which shows a one-to-one ratio of the money supply growth rate to the average rate of inflation. For these countries, the percentage change in velocity is less than the percentage change in real GDP. Part 2 (1 point) See Hint Look at Armenia. The money supply growth rate and the average rate of inflation are 120%. If the growth rate in real GDP was 80%, the percent change in velocity would be %. Part 3 (1 point) See Hint Look at Nicaragua. The money supply growth rate is 90%, and the average rate of inflation is 25%. If the growth rate in real GDP was 30%, the percent change in velocity would be %.. _.._ . '_'._..._' - Finally. leak at Brazil. The money supply growth rate is 340%. and the average rate of ination is 325%. If the growth rate in real (3 DP was 40%. the percent change in velocity was 96