The Table Below Shows Data for Japan Assuming the Rate of Velocity Change Is Constant,real GDP
A)

The table below shows data for Japan. $$\begin{array} { | l | c | c | } \hline & \mathbf { 2 0 0 8 } & \mathbf { 2 0 0 9 } \\\hline \text { M1 growth rate } & 0.7 & 0.9 \\\hline \text { Inflation rate } & 0.4 & - 0.3 \\\hline\end{array}$$
Assuming the rate of velocity change is constant,real GDP

A) grew by 0.3 percent in 2008.
B) grew by -1.2 percent in 2009.
C) grew by 1.1 percent in 2008.
D) grew by 0.9 percent in 2009.

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