Help in macroeconomics please!?

In response to the recession of 2001, the Bank of Canada lowered the target overnight rate, which helped increase the growth of the money supply.

In response to the recession of 2001, the Bank of Canada lowered the target overnight rate, which helped increase the growth of the money supply.

Which of the following statements about the impact of the Bank of Canada%26#039;s increase in the money supply would monetarists agree with?

I. Discretionary monetary policy can have adverse effects.

II. Fiscal policy is the best policy to bring the economy out of a recession.

III. The economy will grow steadily if the central bank follows a monetary policy rule based on the quantity theory of money.

IV. Monetary policy should always be used with fiscal policy.

Help in macroeconomics please!?rate my teacher

IV. Monetary policy should always be used with fiscal policy. The Monetarists believe that priming the pump (quantity of money) and bringing spending down (paying off debt) benefits the economy as a whole.