Which of the following is included in M1?

Phantom capital gains occur when _____

a. an asset increases in real terms, but not in nominal terms b. an asset is constant in real terms, but increases in nominal terms c. an asset decreases in real terms and decreases in nominal terms d. an asset is purchased to be used upon an individual's death

Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 

A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward