By Altering People's Liquidity, an Increase in the Money Supply

Multiple Choice

By altering people's liquidity, an increase in the money supply relative to the demand for liquidity should lead to

A) more spending on real assets but not financial assets.
B) more spending on either real assets or financial assets.
C) more spending on financial assets but not on real assets.
D) no change in spending on either real or financial assets.