Da die Geldpolitik der wichtigere Faktor ist, werden dir Wirtschaftssubjekte bei ihren rationalgebildeten Preisniveauerwartungen den zukunftigen Kurs der Geldpolitik zu antizipieren versuchen.....

The percentage by which the price level rises above its expected level is less than the percentage unanticipated rise in aggregate demand because part of the unanticipated rise in aggregate demand raises real income, and part of it raises the price level...