Suppose the Bank of Canada Sells Canadian Government Securities in Order

Multiple Choice

Suppose the Bank of Canada sells Canadian government securities in order to drain reserves from banks.Which of the following will probably occur?  

A)  The interest rate will fall, and the quantity of money demanded will increase. 
B)  The interest rate will rise, and the quantity of money demanded will fall. 
C)  The money supply will decrease, and the interest rate will fall. 
D)  The money supply will increase, and the interest rate will fall.