When Something Happens to the Economy, Monetarists Ask Two Questions

Multiple Choice

When something happens to the economy, monetarists ask two questions:

A) What does this do to government spending, and what does it do to tax revenues?
B) What does this do to real GDP, and what does it do to the price level?
C) What does this do to investment spending, and what does it do to net exports?
D) What does this do to the money supply, and what does it do to velocity?