Monetarists Believe That

Multiple Choice

Monetarists believe that

A) the Fed should be constantly changing the growth of the money supply to counteract economic fluctuations.
B) the Fed should allow the money supply to grow at a constant rate to accommodate the natural rate of economic growth.
C) the Fed should alter the target growth rate of money periodically to counteract adverse economic activity.
D) the Open Market Committee should only sell government bonds, never buy them.