International Evidence Shows Us That

International evidence shows us that

A) there is a general tendency for money growth and inflation to be correlated, but the quantity theory does not predict inflation precisely.
B) in the long run a 1 percent increase in the growth rate of money causes a 1 percent increase in inflation.
C) there is a general tendency for money growth and inflation to be inversely related, and the quantity theory is a poor predictor of inflation.
D) money growth and inflation are always rising, and the quantity theory predicts inflation accurately.
E) there is a general tendency for money growth and inflation to be correlated, and the quantity theory predicts inflation precisely.