The American Recovery and Reinvestment Act of 2009 was introduced in the hope of:

If real wages fall:

A) consumer demand is likely to increase. B) employers are likely to hire more workers. C) the level of economic production will always increase. D) the level of economic production will always decrease.

In the short run, an increase in the growth rate of the quantity of money ________ the nominal interest rate and in the long run it ________ the nominal interest rate

A) lowers; lowers B) raises; lowers C) lowers; raises D) raises; raises E) does not change; raises