If the nominal interest rate is above the equilibrium level ________.
A)the supply of real money balances will fall
B)the quantity of real money balances people are holding is too low,and is rising
C)people are selling financial assets in order to increase real money balances
D)all of the above
E)none of the above

Question

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The Answer of If the nominal interest rate is above the equilibrium level ________.
A)the supply of real money balances will fall
B)the quantity of real money balances people are holding is too low,and is rising
C)people are selling financial assets in order to increase real money balances
D)all of the above
E)none of the above

If the Nominal Interest Rate Is Above the Equilibrium Level