In the short run, in which of the following ways is an expansionary monetary policy most likely to cause the real interest rate and the value of the domestic currency to change?

In the vertical segment of the aggregate supply curve,

a. real GDP increases with increasing unemployment b. competition among producers for already-employed resources forces the price level downward c. the economy is at full employment d. producers are able to hire more workers at lower wages e. increases in real GDP come only at the expense of higher price levels

Since 1950, the volume of world trade and the volume of world real GDP

A) have both increased at roughly the same rate. B) have both decreased at roughly the same rate. C) have both increased, but the volume of world trade has increased more slowly than the volume of world real GDP. D) have both increased, but the volume of world trade has increased faster than the volume of world real GDP.