The monetarists believe

A) balancing the budget is the most important role of the government.
B) if the money supply were increased people would spend this money on assets of one kind or another.
C) expansionary monetary policy will permanently reduce the unemployment rate.
D) the money supply must remain constant from year to year.

Monetarists believe that increasing the money supply will lead to increased spending, which can stimulate economic growth. They advocate for controlling inflation and regulating the money supply to achieve stable economic growth. Balancing the budget is not their primary concern, and they do not believe that expansionary monetary policy can permanently reduce unemployment. They also recognize that the money supply may need to vary in response to changes in the economy.