If in the Market for Money the Money Supply Exceeds

Multiple Choice

If in the market for money the money supply exceeds the quantity of money households and businesses want to hold, we would expect the interest rate to:

A) fall, causing households and businesses to hold less money.
B) rise, causing households and businesses to hold less money.
C) rise, causing households and businesses to hold more money.
D) fall, causing households and businesses to hold more money.