Steps in the Transmission of Monetary Policy Are

Steps in the transmission of monetary policy are

A) the Commonwealth government increases the budget deficit,which increases the money supply,which increases aggregate supply.
B) the Reserve Bank increases government expenditures on goods and services,leading to an increase in aggregate demand.
C) the Commonwealth government increases government expenditures on goods and services,leading to an increase in aggregate demand.
D) the Commonwealth government increases the money supply,which lowers the interest rate,and leads to an increase in aggregate demand.
E) the Reserve Bank lowers the cash rate,which lowers the real interest rate,and leads to an increase in aggregate demand.