If the Demand for Nonmoney Assets Exceeds the Supply of Nonmoney

question 21

Multiple Choice

If the demand for nonmoney assets exceeds the supply of nonmoney assets, the demand for money

• A)must exceed the supply of money.
• B)must equal the supply of money.
• C)must be less than the supply of money.
• D)may be greater than, less than, or equal to the supply of money, depending on prevailing interest rates.

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