If the quantity of money demanded exceeds the quantity of money supplied, then
(a) the quantity of nonmonetary assets demanded exceeds the quantity supplied.
(b) the quantity of nonmonetary assets supplied exceeds the quantity demanded.
(c) the quantity of nonmonetary assets demanded will still equal the quantity supplied, all else being equal.
(d) you can make no conclusions about the relative supply and demand of nonmonetary assets.
Answer: B
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