Monetary Equilibrium Occurs When the

Monetary equilibrium occurs when the

A) growth in the money supply is zero.
B) existing supply of money is willingly held by households and firms in the economy at the current rate of interest.
C) nominal rate of interest equals the real rate of interest.
D) the money supply is growing at a constant rate.
E) supply and demand for all goods in the economy are equal at the current rate of interest.