In an IS-LM model, any point that is to the left and below theIS-curve indicates a situation where

A. there is excess demand for goods and services in theexpenditure sector

B. there is excess supply of goods and services in theexpenditure sector

C. there is excess demand for money in the money sector

D. there is excess supply of money in the money sector

E. the expenditure sector is in equilibrium but the money sectoris not