Consider a Central Bank That Chooses to Implement Its Monetary

Consider a central bank that chooses to implement its monetary policy by expanding the money supply by a fixed percentage amount in every year. One important disadvantage with this approach to monetary policy is that it may

A) lead to stable growth of national income.
B) be difficult to achieve.
C) lead to sustained inflation.
D) be destabilizing if the demand for money is unstable.
E) create a recessionary output gap.