According to Many Modern Monetarists

According to many modern monetarists

A) the government can minimize economic instability by stabilizing growth of the money supply at a constant low rate.
B) short-run variations in an economy's productive capacity can be predicted precisely.
C) discretionary monetary policy enables the Federal Reserve System to closely control the economy.
D) the money supply should grow at a rate determined by short-run economic fluctuations.
E) history has proven that fine-tuning fiscal and monetary policy is both possible and practical.