The Monetarists' Prescription for Monetary Policy Is Called the "Monetary

The monetarists' prescription for monetary policy is called the "monetary rule." The monetary rule means that

A) monetary policy does not have an impact on the economy until 6 to 9 months after the money supply is changed.
B) expansionary fiscal policy should be accompanied by an easy monetary policy.
C) the annual rate of increase in the money supply should be equal to the long-term increase in the price level.
D) the rate of increase in the money supply should be slow and steady;for price stability it should equal the potential annual growth rate of real GDP.