true or false, or partly true and partly false; state which is the case and give your reasons

In what follows, assume a small open economy with momentarily rigid prices, in which households consume foreign as well as domestic goods and the expected rate of inflation is anchored in the long run rate of inflation. In that economy, a jump in the rate of growth of the money supply entails a drop in the nominal and a jump in the real interest rate on impact. (Assume that monetary acceleration leads to a temporary boost in output as usual.)