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Asset . Demand for Money Interest Rate (Billions) $ 200 300 400 500 Refer to the table. Suppose that the transactions demand for money is

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Asset . Demand for Money Interest Rate "(Billions) $ 200 300 400 500 Refer to the table. Suppose that the transactions demand for money is $300 billion and the money supply is $700 billion. A decrease in the money supply to $600 billion would cause the interest rate to Multiple Choice O rise to 7 percent. O fall to 5 percent. O . rise to 6 percent. O fall to 4 percent

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