For the Following Questions, Consult the Diagram Below

Multiple Choice

For the following questions, consult the diagram below.
Figure 15-1
-Refer to Figure 15-1. At an interest rate of 4 percent, how much is the excess money demand or supply?

A) There is an excess money demand equal to the distance between a and b.
B) There is an excess money demand equal to the distance between b and c.
C) There is an excess money supply equal to the distance between b and a.
D) There is an excess money supply equal to the distance between c and b.