In the Short Run, an Unanticipated Shift to a More

question 14

Multiple Choice

In the short run, an unanticipated shift to a more expansionary monetary policy is most likely to result in

• A) an increase in short-term interest rates.
• B) a reduction in aggregate demand.
• C) a reduction in the inflation rate.
• D) an increase in employment.

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Definitions:

Historical Linguistics

The study of how languages change over time, including their development, evolution, and the relationships between different languages.

Neandertal

An extinct species or subspecies of archaic humans who lived in Eurasia until about 40,000 years ago.

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