Use the following to answer questions :
Figure: AD-AS 
-(Figure: AD-AS) Refer to the figure AD-AS. If our economy is at equilibrium and the Fed uses expansionary monetary policy, _____ will shift to _____ and the economy will move from _____. Then nominal wages will _____ and _____ will shift to _____. The economy will move from _____.
Definitions:
Inventory Turnover
A measure of how many times inventory is sold or used in a time period such as a year.
Net Sales
The revenue generated from goods or services sold by a company after deducting returns, allowances for damaged or missing goods, and discounts.
Beginning Inventory
The value of stock on hand at the start of an accounting period, before any purchases or sales are made.
Cost of Goods Sold
The total cost of manufacturing or acquiring the products sold by a company during a specific period.
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