Check each of the following that apply regarding the price of borrowing money.
A) the price of borrowing money is called the interest rate
B) the transaction demand for money depends heavily on interest rates
C) the asset demand for money depends heavily on interest rates
D) the Federal Reserve controls the demand for borrowing money
E) consumers and investors control the demand for borrowing money
F) the equilibrium interest rate occurs where the quantity of money demanded equals the quantity of money supplied
