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.