According to the monetarists,policy makers should follow a monetary rule,which means that

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The monetarists believe that the economy will perform best if the money supply grows at a stable rate consistent with long-run average growth. This will help to maintain stable prices and avoid inflationary or recessionary pressures. Therefore, they advocate for a monetary rule that guides the central bank to adjust the money supply in accordance with the economy's needs. Choice A is incorrect because the gold standard is considered outdated and impractical. Choice B is incorrect because interest rate stability alone may not be sufficient to achieve long-term stability. Choice D is incorrect because Parliament's intervention in monetary policy could be counterproductive and undermine the central bank's independence.

According to the Monetarists,policy Makers Should Follow a Monetary Rule,which