Which of the Following Is a True Statement

question 128

Multiple Choice

Which of the following is a true statement?

• A)Expansionary monetary policy has the same effect in the long run regardless of whether it is originally anticipated or unanticipated.
• B)Expansionary monetary policy increases real output only when it is unanticipated,and the increase is only in the short run.
• C)The primary long-run impact of expansionary monetary policy is a higher price level (or inflation).
• D)All of the above are true.

---

Definitions:

Equipment Utilization

A measure of the degree to which a piece of equipment is being used compared to its full potential over a specific period, often expressed as a percentage.

Process Maps

Diagrammatic representations that outline the sequence of actions or steps involved in the performance of a process or operation.

Process Focus

A manufacturing plant structured based on processes to support the creation of small quantities of diverse products.

Mass-customization

A production strategy that combines the flexibility and personalization of custom-made products with the low unit costs of mass production.