In the Short Run, Which of the Following Is the Most

question 77

Multiple Choice

In the short run, which of the following is the most likely effect of an unanticipated move to a more expansionary monetary policy?

• A) an increase in employment
• B) a decrease in employment
• C) an increase in the velocity of money
• D) an increase in prices proportional to the rise in the money supply

---

Definitions:

Busy Person

An individual who has a lot of tasks, responsibilities, or engagements, often leading to limited availability.

Professional Experience

The work history and accumulated skills and knowledge that an individual has gained through working in specific industries or professions.

Chronological Résumé

Format that emphasizes work experience, with past jobs shown in reverse chronological order; the most common résumé format.

Educational Qualifications

Refers to the formal certifications or degrees obtained by an individual through schooling and higher education.