Which of the following best describes how the money supply responds to changes in the nominal interest rate? Choose 1 answer: Choose 1 answer: (Choice A) The quantity of money decreases as the interest rate increases up to a point, and then increases. A The quantity of money decreases as the interest rate increases up to a point, and then increases. (Choice B) The money supply is independent of the interest rate. B The money supply is independent of the interest rate. (Choice C) The quantity of money supplied increases as the interest rate increases. C The quantity of money supplied increases as the interest rate increases. (Choice D) The quantity of money supplied decreases as the interest rate increases. D The quantity of money supplied decreases as the interest rate increases. (Choice E) The quantity of money increases as the interest rate increases up to a point, and then decreases. E The quantity of money increases as the interest rate increases up to a point, and then decreases