According to the Monetarist school ofeconomics, what is the root cause of inflation over the longrun?

A.

Government spending increases.

B.

The money supply increases at a faster rate than the growth of potential real output(GDP).

C.

There are too few dollars chasing too few goods.

D.

The money supply decreases at a faster rate than the growth of potential real output(GDP).

E.

The Bank of Canada increases interest rates.