The money demand curve is downward sloping because lower interest rates: Question 11Answer a. raise the opportunity cost of holding money and cause households and firms to switch from money to bonds. b. lower the opportunity cost of holding money and cause households and firms to switch from money to financial assets. c. lower the opportunity cost of holding money and cause households and firms to switch from financial assets to money. d. raise the opportunity cost of holding money and cause households and firms to switch from money to shares