If the Demand for Nonmoney Assets Exceeds the Supply of Nonmoney

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.