4. Velocity and the quantity equation Consider a simple economy that produces only jean jackets. The following table contains information on the economy's money supply, velocty of money, price level, and output, For example, in 2019 , the money supply was $400, the price of a jean jacket was $10.00, and the economy produced Boo jean jackets. Fill in the missing values in the following table, selecting the answers closest to the values you calculate. The money supply grew at a rate of from 2019 to 2020. Since jean jacket output did not change from 2019 to 2020 and the velocity of money , the change in the money supply was reflected in changes in the price level. The inflation rate from 2019 to 2020 was