Which of the Following Is True

Multiple Choice

Which of the following is true?

A) Monetary policy influences long-term real interest rates more than short-term interest rates.
B) Short-term interest rates are primarily determined by real factors and the expected inflation.
C) A shift to a more expansionary monetary policy will tend to reduce short-term interest rates.
D) A shift to a more expansionary monetary policy will tend to reduce the expected rate of inflation in the future.