In 2008, Japan's Economy Suffered as World Economies Slowed

Multiple Choice

In 2008, Japan's economy suffered as world economies slowed. If authorities in Japan followed the monetarist viewpoint, _ to bring the economy back to full employment.

A) nothing should be done
B) aggregate supply would shift leftward
C) the money supply would be kept growing at a steady pace
D) taxes would be decreased and the money supply should be increased