According to Gresham's Law

According to Gresham's law

A) the product of the money supply and velocity of money is always equal to the transactions demand for money.
B) increases in interest rates increases the speculative demand for money.
C) whenever there are two different types of money circulating, people hoard the good one, and use the bad one as a medium of exchange.
D) as an economy grows, the inequality in the distribution of income in the economy initially increases, then reaches a maximum, after which it eventually decreases.