Under a fixed exchange ratesystem, a balance of payments deficitmay:

A.

increase thecountry's money supply if there is a sterilized central bank intervention.

B.

decrease thecountry's money supply if there is a nonminus

sterilized central bank intervention.

C.

increase thecountry's money supply if there is a nonminus

sterilized central bank intervention.

D.

decrease thecountry's money supply if there is a sterilized central bank intervention.