Which of the following is an immediate/short-term effect of an increase in money supply by the European Central Bank by 10%?
A.
There will be an inflow of foreign capital to the countries belonging to the European Union.
B.
The expected exchange value of the foreign currencies will appreciate relative to euro by more than 10%.
C.
The interest rate in the EU countries will increase.
D.
The product prices in the EU countries will rise immediately.