A temporary decrease in an economy's money supply produces
A. no change in the long-run expected exchange rate, a depreciation of its currency, and a fall in its output and employment.
B. no change in the long-run expected exchange rate, an appreciation of its currency, and a fall in its output and employment.
C. a decline in the long-run expected exchange rate, an appreciation of its currency, and a fall in its output and employment.
D. an appreciation of its currency, but no change in either the long-run expected exchange rate or its output and employment.