When the Central Bank Undertakes a Monetary Tightening,the Resulting __________

Multiple Choice

When the central bank undertakes a monetary tightening,the resulting __________ leads to an eventual __________,represented by a __________ shift in the inflation adjustment line.

A) expansionary gap;decline in inflation;downward
B) expansionary gap;rise in inflation;downward
C) recessionary gap;decline in inflation;upward
D) recessionary gap;rise in inflation;upward
E) recessionary gap;decline in inflation;downward