According to the Monetarists

According to the monetarists,

A) the supply of money changes in response to changes in the levels of real output and prices.
B) changes in the velocity of money are more important than changes in the money supply in causing the level of economic activity to change.
C) an expansionary fiscal policy will lower interest rates and thereby tend to over stimulate the economy.
D) changes in the money supply temporarily cause changes in real output and price level but in the long run only prices change.