Beginning from a Position of Long- Run Equilibrium, a Contractionary

Beginning from a position of long- run equilibrium, a contractionary monetary policy by the Bank of Canada causes:

A) an increase in potential output.
B) aggregate demand for goods and services to exceed potential output.
C) a fall in most market interest rates.
D) an increase in the general price level.
E) potential output to exceed aggregate demand for goods and services.