When We Look at the Period from 1960 to 2009

When we look at the period from 1960 to 2009, which of the following is TRUE on an average annual basis for the U.S.?

A) M1 grew by more than M2, but neither grew as much as GDP
B) the rate of inflation was about the same as the growth rate of M2
C) the rate of inflation was slightly higher than the growth rate of M1
D) the inflation rate was about the same as the growth rate of M2 minus the GDP growth rate
E) GDP growth exceeded the growth rate of M2 but not M1