According to Monetarists, an Expansionary fiScal Policy

Multiple Choice

According to monetarists, an expansionary fiscal policy

A) will be ineffective because the interest rate will rise and crowd out private investment spending.
B) should not be permitted so long as a public debt exists.
C) should be used only when unemployment exceeds 6 percent of the labor force.
D) will be effective, provided the money supply is held constant.