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According to monetarists, the potential of monetary policy is summarized by the following statement(s): (A) Excess reserves of the banking system x money multiplier. (B)

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According to monetarists, the potential of monetary policy is summarized by the following statement(s): (A) Excess reserves of the banking system x money multiplier. (B) MV = PQ, where V and Q are constant in the short run, but M and P are directly related. O C) A rapid increase in the money supply will result in inflation. OD) Only B & C are true. O E) A, B & C are true

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