Consider the equation %ΔM + %ΔV ≈ %ΔP + %ΔY. If there is no…

Consider the equation %ΔM + %ΔV ≈ %ΔP + %ΔY. If there is no change in real gross domestic product (GDP) (%ΔY = 0) and and velocity of money (V) (%ΔV=0), but 5 percent increase in the money supply (%ΔM = 5%), what would have to happen for there to be inflation (%ΔP > 0)?