X Rate of interest MD Quantity of money 31. Refer to the graph above to answer this question. Why is the money demand curve MD downward-sloping? A The transactions demand for money is downward-sloping. B. There is a direct relationship between bond prices and interest rates. C. The asset demand for money is downward-sloping. D. Because of the wealth or real-balances effect. E. The opportunity cost of holding money increases as the interest rates decreases. Boutis. Arubai, Applesinin