If the Short-Run Aggregate Supply Curve Is Horizontal and the Long-Run

Multiple Choice

If the short-run aggregate supply curve is horizontal and the long-run aggregate supply curve is vertical, then a change in the money supply will change ______ in the short run and change ______ in the long run.

A) only prices; only output
B) only output; only prices
C) both prices and output; only prices
D) both prices and output; both prices and output