Exhibit 16.3 -Refer to Exhibit 16.3. an Expansionary Monetary Policy Increases the Monetary

Multiple Choice

Exhibit 16.3

-Refer to Exhibit 16.3. An expansionary monetary policy increases the aggregate demand curve to _____, stimulates output and employment in the short run to equilibrium point _____, with output at _____.

A) AD, a, Q
B) AD, a, Q'
C) AD, c, Q
D) AD, b, Q
E) AD', b, Q'