When the velocity of money is independent of the price level, the interest rate, the money supply and the level of real GDPthe quantity theory predicts that Select one: a.The growth rate of real GDP = Growth rate of money supply + Inflation rate O b. The inflation rate if positive when the growth rate of money supply = growth rate of real GDP c. The inflation rate is positive when the growth rate of money supply is less than the growth rate of GDP d. growth rate of real GDP + iflationrate = Grow rate of money supply Oe The inflation rate is constant . An appropriate way for the government to help stabilize economic activity consists in Select one : a. increasing taxes during a recession and reducing government expenditures during an expansion b. reducing taxes during a recession and increasing them during an expansion c. increasing taxes during a recession to avoid budget deficits. d. reducing the government budget deficit during a recession and increasing it during an expansion e. keeping the government budget in balance during expansions and recessions