B-Instability in the money supply is the primary cause of economic instability. Firms respond by increasing output along SRAS. Monetarists In Heels Chart Data Visualization Monetary Policy Real output increases from Y1 to Y2. . According to the monetarists which of the following is true. Monetarism is a set of views based on the belief that the total amount of money in an economy is the primary determinant of economic growth. The change in the interest rate due to a. The change in the interest rate due to a change in prices of goods and services 2. According to monetarists _____ does not change in response to changes in the money supply. Changes in the velocity of money are predictable. Flat until full employment is reached. Decrease government spending c. According to the monetarists which of the following is true. Indicate which effect each description in the following table represents w...