Suppose most people had anticipated that inflation would increase by 10% in the coming year because the Central Bank would increase the money supply by 10%.Instead,the Central Bank increases the money supply by only 5%.In the short run,this would cause actual output to be ________ full-employment output and prices to increase by ________ 5%.
A)above;more than
B)above;less than
C)below;more than
D)below;less than

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The Answer of Suppose most people had anticipated that inflation would increase by 10% in the coming year because the Central Bank would increase the money supply by 10%.Instead,the Central Bank increases the money supply by only 5%.In the short run,this would cause actual output to be ________ full-employment output and prices to increase by ________ 5%.
A)above;more than
B)above;less than
C)below;more than
D)below;less than

Suppose Most People Had Anticipated That Inflation Would Increase by 10