Assume that currently banks pay 2% interest on money that customers deposit in savings accounts. As the overall amount of money held in savings accounts increases, in financial markets

Group of answer choices

A. the demand for savings increases.

B. both supply and demand are increasing.

C. the supply of savings increases.

Assume that currently banks pay 2% interest on money customers deposit in savings accounts. As the overall amount of money held in savings accounts increases, in financial markets, the interest rate paid on savings would

Group of answer choices

A.decrease.

B. remain unaffected.

C. increase.