Consider a simple economy that produces only pies. The following table contains information on the economy's money supply, velocity of money, price level, and output. For example, in 2018, the money supply was $400, the price of a pie was $2.50, and the economy produced 800 pies.

Fill in the missing values in the following table, selecting the answers closest to the values you calculate.

YearQuantity of MoneyVelocity of MoneyPrice LevelQuantity of OutputNominal GDP(Dollars)(Dollars)(Pies)(Dollars)20184002.50800 20194165 800

The money supply grew at a rate of from 2018 to 2019. Since pie output did not change from 2018 to 2019 and the velocity of money , the change in the money supply was reflected in changes in the price level. The inflation rate from 2018 to 2019 was .