When the money supply is increased,what do monetarists expect to happen to the nominal or market rate of interest?

Question

Quizplus · Accepted Answer

Monetarists believe that increasing the money supply will initially lower interest rates due to the greater availability of money. However, in the long run, the increased money supply can lead to inflation, which in turn can cause interest rates to rise as lenders demand higher rates to compensate for the decreased purchasing power of money.

When the Money Supply Is Increased,what Do Monetarists Expect to Happen