3- 10.00 points Which of the following factors would increase the transactions demand for money? Option a: A fall in nominal income Option b: Lower nominal interest rates Option c: Rumors that a computer virus had invaded the ATM network O Only option b would increase the transactions demand for money due to the lower opportunity cost of holding money. Options a and c would both lead to a fall in the transactions demand for money O Only option c would increase the transactions demand for money as a computer virus in the ATM network would lead to worries that the system would shut down. Lower nominal interest rates and a fall in nominal income would both lead to a fall in the transactions demand for money Both options b and c would increase the transactions demand for money. Lower nominal interest rates would reduce the opportunity cost of holding money, while a computer virus in the ATM network would lead to worries about the system closing down. Both of these factors will increase the transactions demand for money. O Only option a would increase the transactions demand for money as people would be spending more on goods and services in the face of a fall in nominal income