Monetarists differ from Classical economists in their view of money in that monetarists believe: (a) The velocity of money is relatively constant over time (b) Prices are not influenced by real GDP...

1. Monetarists differ from Classical economists in their view of money in that monetarists believe:

(a)    The velocity of money is relatively constant over time

(b)   Prices are not influenced by real GDP

(c)    Prices are not influenced by the money supply

(d)   The level of unemployment is directly related to the money supply

(e)    The velocity of money varies over time