Consider a money market in which there is an excess demand for money at the prevailing interest rate.The likely response is ________ until the quantity demanded of money equals the quantity supplied of money.
A) the corresponding excess demand of bonds will cause the price of bonds to decrease and the interest rate to rise
B) the money supply curve will shift to the left
C) the money supply curve will shift to the right
D) the money demand curve will shift to the right,causing the price of bonds to increase,and the interest rate to fall
E) the corresponding excess supply of bonds will cause the price of bonds to decrease and the interest rate to rise
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