Arkensland is a highly industrialized countr. Prices have been steadily increasing over the last few years and inflation reached an all-time high of 8 % last year. Following this, the central bank came under pressure to reduce inflation to least 4 % in this year. With real GDP expected to grow at 2% this year, the finance minister suggested that the central bank should ensure that money supply growth in the current year is not more than 6%. However, inflation at the end of this year turned out to be higher than 4%, even though real GDP grew at 2% and money supply growth was restricted to 6%. Which of the following can most reasonably be inferred from the above information? A. The velocity of money increased this year. B. There is a risk of hyperinflation in Arkensland. C. The growth of GDP in Arkensland has stagnated. D. The central bank of Arkensland must have sold bonds this year in order to reduce the money supply.