The Supply-Of-Money Curve Is Almost Perfectly Inelastic Because

Multiple Choice

The supply-of-money curve is almost perfectly inelastic because:

A) ​as interest rates rise, people will want to be supplied with more loans.
B) ​the Fed makes more money available in response to higher interest rates.
C) ​banks generally find loans more profitable than keeping their assets as cash in their vaults or reserve deposits at the Fed, whether interest rates are 4% or 10%.
D) ​the Fed lowers the discount rate as interest rates rise.