Under monetarist theory, if the money supply rises unexpectedly, what are the short-run effects on money wages, real wages and the level of employment?
- Amoney wages: decrease; real wages: decrease; employment: increase
- Bmoney wages: decrease; real wages: increase; employment: decrease
- Cmoney wages: increase; real wages: decrease; employment: increase
- Dmoney wages: increase; real wages: increase; employment: decrease