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Consider supply and demand in the money market. If money supply decreases, what happens to the nominal interest rate and the quantity of money? A.

Consider supply and demand in the money market. If money supply decreases, what happens to the nominal interest rate and the quantity of money?

A. nominal interest rate increases and quantity of money increases

B. nominal interest rate decreases and quantity of money is indeterminate

C. nominal interest rate increases and quantity of money decreases

D. nominal interest rate decreases and quantity of money decreases

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