Dave Macy Decides to Sell His Gold Jewelry and Deposits

Dave Macy decides to sell his gold jewelry and deposits the cash at his local bank.As a result,the money supply will

A) fall because consumers have less gold.
B) rise because consumers have more cash.
C) fall when the gold is sold but will increase once the deposit is made.
D) not change.
E) rise when the gold is sold but then fall once the deposit is made.